Financial Aid - Loans

Unlike scholarships, grants and work-study, loans must be repaid. If the degree or program of study is NOT completed, the student remains responsible for re-payment. It is recommended that you only borrow the amount you will need to successfully complete your education.

Stafford Student Loans

Adams State students can be eligible to borrow Direct Stafford Loans from the William D. Ford Federal Direct Loan Program through the U.S. Department of Education.

To receive a student loan, you must accept your loan amount through your ASU student account and complete entrance counseling and a Master Promissory Note. Direct Loan Entrance Counseling is required to ensure you understand your financial obligations when borrowing a loan. A Master Promissory Note (MPN) is a contract with the federal government. When you sign the Direct Loan MPN, you promise to repay any student loans you receive.

Subsidized vs. Unsubsidized Direct Stafford Loans

If you borrow a Subsidized Stafford Loan, the federal government will pay the interest for you while you are in school.
If you borrow an Unsubsidized Stafford Loan, you will be responsible for all interest that accrues during the time you're in school. You can, however, pay the interest while you are in school.

Exit Counseling and Repayment

Email loans@adams.edu for loan information or requests.