Loan Information

Under the Bipartisan Student Loan Certainty Act of 2013, interest rates will be determined each June for new loans being made for the upcoming award year, which runs from July 1 to the following June 30. Each loan will have a fixed interest rate for the life of the loan. Refer to studentloans.gov for current interest rates for your Direct Loans.

Congress has imposed caps on how high these rates can go in future years: 8.25 percent for undergraduates, 9.5 percent for graduate students and 10.5 percent for PLUS loans. Although the rates are not expected to hit those caps in the next decade, congressional estimates show the rates could get close to the caps.

As a result of the automatic federal budget cuts, known as the “sequester,” additional funding reductions will take affect for all Direct Loans. The sequester increases the origination fees paid by borrowers for Direct Loans where the first disbursement is made on or after December 1, 2013. Refer to studentloans.gov for current origination fees for your Direct Loans.

Loan Counseling 

In order to receive a loan at TU, you must complete...

Loan Disbursement Procedures

Unless otherwise noted, the amounts listed...

Loan Repayment Information 

Responsible borrowing helps you pay for college...

Perkins Loans 

This loan is funded by the federal government...

Federal Direct Stafford Loan (Subsidized & Unsubsidized) 

The current interest rate for a direct...

Federal Direct Parent Loan for Undergraduate Students (PLUS) 

Credit based loans are available...

Private Loans 

The University of Tulsa Student Financial Services...

NASFAA State of Ethical Principles and Code of Conduct for Institutional Financial Aid Professionals

The Student Financial Aid office at The University of Tulsa abides by the National Association of Student Financial Aid Administrator’s federal code of conduct. ...

Any student loan that the student and/or parents apply for will be submitted to the National Student Loan Data System (NSLDS), and will be accessible by guarantee agencies, lenders, and schools determined to be authorized users of the data system.