Students without need may apply for an unsubsidized loan. The student is responsible for the interest on this loan while attending school and during the grace period. Payment on the principal can be deferred for either the subsidized or the unsubsidized loan. Loan applications are available from any bank that participates in the student loan program or from the Financial Assistance Office. Other Elmer O. and Ida Preston Educational Trust Fund Recipient must be a full-time student who has been an Iowa resident for at least six months and is preparing for a Christian ministry.
Awards are usually a combination of grants and loans.
The application deadline is June 30. The application deadline is March 15.