Indiana Student Loans
Loans for Indiana Students
Students in Indiana have several loan options ranging from federal loans to private and professional loans. Students in Indiana must fill out the free financial aid application to apply for college loans.
ISM Education Loans
ISM Education Loans is a not-for-profit provider of Federal student loans. They offer Stafford and PLUS loans for students and their parents. They provide students and their parents with as many solutions as possible for funding their higher education by recommending resources for grants, scholarships and work study programs and, if necessary, the solutions for student loans and parent loans. Below is a list of the loans managed by ISM:
- Federal Perkins Loans
- Federal Family Education Loan Program (FFELP)
- Subsidized and Unsubsidized Stafford Loans
- PLUS loans for Parents
- PLUS loans for Graduate and Professional Students
- Consolidation Loans
- Federal Stafford Loans
- PLUS Loans for Parents
- Federal PLUS Loans for Graduate and Professional Students
Federal Loans for Hoosier Students
In Sept 2005, Indiana University published a report that a significant number of minority and low income Hoosier students are
not succeeding in their classrooms and are falling through the cracks. To overcome this challenge, Indiana government committed on making things better for Hoosier students. This included educating them about their financial aid opportunities. Hoosier students can qualify for low rate federal Perkins and Stafford Loans. They can also qualify for additional private loans if needed.
Banks Offering Indiana Student Loans
Below is the list of banks which offer Indiana Student Loans
- 1st Source Bank
- Chase Bank
- National City Bank Of Indiana
- Fountain Trust Company
- Regions Bank
- Centier Bank
Indiana Student Loan Forgiveness
Indiana students planning to pursue a career the fields of nursing, teaching, dentistry and armed forces may qualify for a student loan forgiveness program. Studnets shall contact their lender and financial aid office to explore these options.
Indiana Student Loan Consolidation
Most of the student loans made to Indiana students are eligible for student loan consolidation. The only major requirement is that student must not have defaulated on a loan payment. Students shall consult their lender to explore the loan consolidation options.
