Loan Information
How to Apply for Loans
Azusa Pacific University now offers students the option of applying for loans online. Just scroll down to the type of loan you want to apply for and follow the instructions.
To apply online, the computer you use must have the following:
- Internet access
- Adobe Acrobat Reader, version 4.01 or greater*
- Browser – Netscape 4.7 or greater or MS Internet Explorer 5.0 or greater
- A printer
*The online loan application provides certain forms in a Portable Document Format (PDF). To learn more about PDFs or to install Adobe Acrobat Reader, follow this link.
| Lender Name (in alphabetical order) | Loan Benefits** |
|---|---|
| ALL Student Loan (888) 271-9721 |
0% origination and default fees 2.25% immediate interest rate reduction (combination of 1% reductions for on-time payments and 1.25% with automatic debit) |
| Bank of America (800) 344-8382 |
0% origination fees 1% default fee 0.30% interest rate reduction during repayment with automatic debit |
| Nellie Mae (888) 272-5543 |
1.5% origination and 0% default fees 0.75% immediate interest rate reduction of with automatic debit 1% loan credit after making the first 12 payments 2% loan credit after making the first 24 payments 3% loan credit after making the first 36 payments |
| Southwest Student Services (888) 272-5543 |
1.5% origination and 0% default fees 1.75% immediate interest rate reduction with automatic debit 1% loan credit after making the first 12 payments |
| SunTrust Education Loans (800) 552-3006 |
1.5% origination 1% default fees 1.5% principal reduction after making the first 12 on-time payments 0.25% interest rate reduction with automatic debit |
| Wells Fargo (800) 658-3567 |
0% origination and default fees |
**Loan Benefits offered by the lenders are subject to change without notice. This information was last updated 05/01/08.
By clicking below on the “Begin an Online Loan Application” link,
you will actually be completing both the Loan Entrance Requirement and the Stafford
Online Loan Application all in one easy step.
Undergraduate (BSOL, HDEV, MIS/CIS, CL, RN to BSN, EENAP)Federal Stafford Loan Information |
| Stafford Subsidized Loan Borrowing maximums: |
 |
Junior $5,500 |
| Senior $5,500 |
Eligibility is guaranteed to all who file the FAFSA and are enrolled at least half time, unless total need is exceeded.
| Stafford Unsubsidized Loan Borrowing maximums: |
|
Junior $5,000 |
| Senior $5,000 |
Graduate (MLOS)Federal Stafford Loan
Information |
| Stafford Subsidized Loan Borrowing maximums: |
|
$8,500 |
Eligibility guaranteed to all who file the FAFSA and are enrolled at least half time, unless total need is exceeded.
| Stafford Unsubsidized Loan Borrowing maximums: |
|
$12,000 |
Undergraduate (BSOL, HDEV, CIS/MIS, CL, RN to BSN)Federal Perkins Loans |
| Perkins Loan Borrowing maximums: |
|
$900 Awarded to students with exceptional high need. Eligibility is determined by the FAFSA and the availability of funds. |
Federal P.L.U.S. Loan (PARENTS ONLY)
To apply, for a Federal P.L.U.S. Loan online, follow this link: Begin an Online Loan Application. Be sure to have your social security number, driver’s license, and two (2) complete references before starting the online process.
| P.L.U.S.
Loan Borrowing maximums: |
 |
Any amount up to the total cost of attendance minus other aid. Either parent may apply subject to credit approval. |
For more information about requirements, interest rates, subsidization, etc. visit the loans page.
Additional information regarding student loans and the financial aid process is available at www.finaid.org/.
