Financial Aid - Loans
Unlike scholarships, grants and work-study, loans must be repaid. If the degree or program of study is NOT completed, the student remains responsible for re-payment. It is recommended that you only borrow the amount you will need to successfully complete your education.
Stafford Student Loans
Adams State students can be eligible to borrow Direct Stafford Loans from the William D. Ford Federal Direct Loan Program through the U.S. Department of Education.
To receive a student loan, you must accept your loan amount through your ASU student account and complete entrance counseling and a Master Promissory Note. Direct Loan Entrance Counseling is required to ensure you understand your financial obligations when borrowing a loan. A Master Promissory Note (MPN) is a contract with the federal government. When you sign the Direct Loan MPN, you promise to repay any student loans you receive.