Federal guidelines mandate loan reductions or complete cancellations due to changes in your enrollment status, or receipt of assistance from any source based solely on attendance at Creighton. In addition, all federal student loan recipients must adhere to minimum standards of satisfactory academic progress to maintain federal eligibility. This program allows parents of dependent undergraduate students to borrow money to pay educational expenses. These loans are non-need based. Loan eligibility is figured individually, based on the student's total cost of education minus other financial aid.
Parents begin repaying both principal and interest while the student is in school.
Alternative loans for Graduate and Professional Students Graduate and Professional Students will receive an award letter indicating alternative loan eligibility. A list of preferred alternative loans will be included with the award letter. You may either contact the Financial Aid Office for an application for the loan you choose, or you can go out to your lender's website to apply online. Creighton University does not guarantee that students will qualify for an alternative loan. Students must pass a rigorous credit check.