A more complete listing of private loans is available at the Financial Aid Office. Federal requirements insist all first time borrowers must attend an Entrance Loan Counseling session prior to receiving loan funds. Exit Loan Counseling is also required at the time a student graduates or terminates enrollment at the University. The short-term emergency educational loan program derives its funds from different sources provided primarily by private donations. Short-term loans are to be paid back within 60 days or the end of the semester, whichever comes first.
Students are limited to one short-term loan at a time.
The availability of these loans may be restricted based on the amount of funds remaining. The scholarship program at the University of North Dakota is one of the best at public institutions of its size. Scholarships are supported by gifts from UND alumni and friends. Because high educational quality comes less expensively at UND than at most other academic institutions, scholarships can significantly help students in their financial preparation for college. Each of the awards is based upon a number of variable factors stipulated by the donors.