Ivy Tech Community College, Bloomington
Loans

Loans are available as a means of funding your education. Unlike gift aid such as scholarships or grants, loans must be repaid.

Federal Stafford Loan Program (subsidized and unsubsidized)
Description:    Variable interest rate; subsidized interest paid by federal government while in school; unsubsidized interest repayment begins upon disbursement
Eligibility:  Enrolled at least half time
Application: Free Application for Federal Student Aid (FAFSA)
Contact:  Ivy Tech Community College Financial Aid Office

Federal Parental Loan for Undergraduate Students (PLUS)
Description:  Fixed interest rate
Eligibility:  Parent of dependent student enrolled at least half time; based on credit rating
Application: Free Application for Federal Student Aid (FAFSA)
Contact:  Ivy Tech Community College Financial Aid Office