Loans allow you to postpone paying a portion of your education costs until you complete your education or leave school. You may be awarded a student loan as part of your financial aid. Federal PLUS loan programs for parents of undergraduate students (PLUS) and for graduate and professional students (Grad PLUS) are also available. In some situations, an alternative (private) loan may also be sought.
Unlike other forms of aid, education loans require full repayment.
Should you have any questions about your student loans, please do not hesitate to contact Student Financial Services.
Seattle Pacific University Student-Loan Principles
- All SPU lender lists are based solely on the best interests of student and parents without regard to financial interests of SPU.
- SPU receives no revenue, trips, or gifts from any lender in exchange for placement on our lender lists.
- Borrowers have the right and ability to select any lender of their choice, regardless of whether they are included in the SPU lender list.
- Detailed information about borrower benefits, fees and the sale of loans is provided in an on-line resource for comparison of lenders.
- Each lender on the SPU lender list is present due to past performance of good to excellent student and parent service and good to excellent borrower benefits. Each is evaluated annually to ensure ongoing accurate and truth-in-practice borrower benefits and services.
- Seattle Pacific University’s Student Financial Services staff does not currently serve on any lending institution’s advisory board. When and if SFS staff does sit on an advisory board, they are prohibited from receiving anything of value for serving.
- SPU does not and will not allow any lender to identify themselves as employees of SPU; SPU does not allow employees of lenders to work in or provide staffing for SFS.
Last Updated: 4/29/2008 |