Apply Online Most students take advantage of various federal loan programs which are administered through the NNU Office of Financial Aid. We share your concern about college debt, and we are committed to counseling and educating students and their families about the best options available.
Interest begins accruing nine months after the student leaves school.
The current interest rate is five percent. Your monthly payment will depend on the size of your debt and the length of your repayment period. The Financial Aid Office will determine your eligibility based on need and fund availability. You must be enrolled at least half-time and be making satisfactory academic progress to receive this loan. First consideration is given to education, social work, and nursing programs majors.