Loans

The University Records Office must consider students at least half-time in order to qualify for Federal Student Aid.  These loans are available to students to help meet their financial need, but they must be repaid according to a monthly schedule after graduation or within sixty days of disbursement.

William D. Ford Direct Loan Program

Attention All Loan Borrowers:

Due to new Federal guidelines, Trinity International University will be changing loan programs starting with the 2010-2011 school year.Up to this point, TIU has been participating in the Federal Family Education Loan (FFEL) Program in which our students chose a lender to fund their Stafford Loans. The new program TIU will be utilizing for all students starting with the Fall 2010 semester is called the William D Ford Direct Loan Program. This program allows students to borrow loan funds directly from the Federal Government; this includes Direct Loans and Direct Graduate PLUS loans. Please click here for more information: Direct Loan Program Information.

Federal Perkins Loan

The Federal Carl D. Perkins Loan is a low-interest loan that students take out on their own behalf. The FAFSA must be completed in order to be eligible. The interest rate is fixed at 5 percent. Trinity determines eligibility. Repayment begins 9 months after graduation or if the student drops below part time.

The Federal Government requires all new, first-time loan borrowers to complete Loan Entrance counseling. If you receive this loan you must complete online Perkins Entrance Counseling. Please click here to complete your entrance counseling.

In-School Loan Consolidation

For a limited time, many students are eligible to consolidate student loans while in school instead of waiting until they leave school. Please click on these links for more information about in-school loan consolidation and loan consolidation in general: https://www.mygreatlakes.org/borrower/login/borrower/inschool_consolidation.html and http://loanconsolidation.ed.gov/