Loans may be offered to you as part of your financial aid award. They must be paid back with interest and can come from the federal government or from private sources such as banks or financial institutions. Federal loans may be offered with lower interest rates and have more flexible repayment options. Evaluate your aid offer carefully. You are strongly encouraged to only borrow the amount you need.
NDSU Financial Aid and Scholarships and its staff do not endorse or accept any incentives, financial or otherwise, from the lenders listed on our lender list. Lender information is provided as a courtesy and in no way should it be interpreted as a requirement to use one of the listed lenders. NDSU will process loans from any lender that participates in any educational loan programs.
The Higher Education Opportunity Act requires that an institution that participates in any federal loan programs must develop a Code of Conduct with respect to such loans.
Federal Student Aid Ombudsman Group
The Federal Student Aid Ombudsman Group, provided by of the Department of Education, helps resolve disputes and solve other problems with federal student loans.
Telephone: 1-877-557-2575 (toll free)
U.S. Dept. of Education
FSA Ombudsman Group
830 First Street N.E., Mail Stop 5144
Washington DC 20202-5144
Additional information on the FSA Ombudsman Group.