Because of the mail time required to deliver these disbursements to extended campuses, we strongly recommend that you consider using a lender which has agreed to participate in EFT with Webster. First-time borrowers at Webster University must go through an Entrance Interview given by the Financial Aid Office before loans can be processed. Students attending extended campuses may have the Entrance Interview at the extended campus. For Subsidized Stafford Loans, repayment of principal and interest begins six months after you leave school or fall below half-time hours. For Unsubsidized Stafford Loans, repayment of principal begins six months after you leave school or fall below half-time hours.
Interest begins accruing immediately.
For PLUS Loans, repayment begins immediately after disbursement of funds. Parents must check with their lender to obtain information on repayment procedures.