Subsidized and Unsubsidized Direct Loans
Financial Aid will originate your Federal Direct Loan once you have registered for classes. You will need to complete a Master Promissory Note (MPN) online at https://studentaid.gov. To receive Federal Direct Loan funds on your student account, you will need to complete an Entrance Counseling session online at https://studentaid.gov to complete the process.
Parent Loan for Undergraduate Students -PLUS
The Federal Direct Parent Loan for Undergraduate Students (PLUS) is in the parent’s name. The parent borrower is responsible for the interest and principal repayment, which begins 60 days after the loan is fully disbursed. Credit checks are mandatory. If interested, a parent can complete the application steps as early as mid-June. Complete a Federal Direct PLUS application online at www.studentaid.gov. This is the credit approval for this academic year. FOR NEW BORROWERS ONLY: Complete a Federal Direct PLUS Master Promissory Note (MPN) online at www.studentaid.gov.
Alternative Private Loans
Students and/or parents can apply for an alternative loan offered from a variety of financial institutions. Review and research private loan options at www.wartburg.edu/loans. It is recommended that students compare lenders before selecting a private loan. You may borrow from any lender you wish. Click on FASTChoice. The list of loans is not an all-inclusive list and does not imply endorsement by Wartburg. Wartburg will certify a loan from any lender you determine best meets your need, even if they are not on the list.
Employment
All full-time students are eligible to work on campus and can find jobs on our job board at www.wartburg.edu/ handshake. Jobs will be posted for the coming year as early as mid-July. Students will have their wages deposited directly into their bank accounts. Students may elect to have all or a percentage of their wages applied toward their tuition bill by filling out the Student Payroll Deduction Agreement in the Student Employment Office.