Loans for Undergraduate Students

Loans are an option for many students and parents to help meet the cost of a Widener education.

Things to Consider for Responsible Loan Borrowing

  • While you may not have to begin repaying your loans right away, it is important to do your research and understand your responsibilities as a borrower.
  • Before you borrow, consider how the amount of your loans will affect your future finances and do not to borrow more than what you need or project you will be able to pay back based on your intended field of study.
  • Federal student loans almost always offer borrowers lower interest rates and have more flexible repayment options than loans from private banks or institutions.

Check out this video produced by the Federal Student Aid Office of the U.S. Department of Education to learn about your responsibilities as a borrower and what to consider when taking out loans for college.

Unsure what loan is the right option for you? Schedule a financial aid counseling session.