Virginia Western does not automatically award Federal Direct Student Loans. A student who wishes to receive a Direct Student Loan must submit a .
For additional information about Direct Loans (including current interest rates), visit or the Financial Aid office.
For information on consolidating an existing Stafford Loan with a Direct Loan, visit or call 800-557-7392 (TDD/TTY: 800-557-7395).
Student Loans
To request a Direct Student Loan, students must meet the same basic eligibility criteria as other listed financial aid and enroll in a minimum of 6 financial aid-eligible credits.
To apply:
- Complete a or Renewal Application.
- If you are a first-time Direct Loan borrower and also have not received a Stafford Loan, complete .
If you are a first-time borrower, you must also review this document about subsidized loan limits from the US Department of Education: Direct Subsidized Loan Eligibility for First-Time Borrowers. (PDF) - Complete a . The MPN is the legal document with which you promise to repay your Direct Loans and any accrued interest and fees. It also explains the terms and conditions of your loans.
- Complete and submit a to the Financial Aid Office.
Exit Counseling
Students are required to complete Exit Counseling if:
- you drop or withdraw classes to less than half-time or begin to attend as a less than half-time student.
- you withdraw fully from the college.
- you do not begin classes in a subsequent semester.
- you complete and graduate from a program.
You will be notified by email to your Virginia Western email account, or, if you are not longer attending, via a mailed letter to the address on file. Exit Counseling is completed through .
Parent Loans
To apply for a Direct Parent PLUS Loan, students must meet the same basic eligibility criteria as other listed financial aid.
To apply:
- Complete the .
- Complete and submit a Direct Parent PLUS Loan Request Form (PDF) to the Financial Aid Office via mail, fax, or in-person.
Loan Repayment
Information about student loan repayment and the different repayment plans available is available at . Students may use their FSA ID and password to log into the federal student loans website, , to view actual loan totals and estimated monthly repayment by repayment plan. Repayment for Federal Direct Student Loans begins six months after the student graduates, leaves school, or drops below half-time enrollment. Federal PLUS loans have no grace period.
Loan repayment is managed through a loan servicer assigned to your loan by the U.S. Department of Education. Information about loan servicers is available at .
Loan Information Disclosure
Student or parent Federal Direct Loan information is submitted to the National Student Loan Data System (NSLDS) and accessible by authorized agencies, lenders, and institutions.
- 分分六合彩 FY2018 CDR = 10.3% , 分分六合彩 OPEID: 003760
- Average FY2018 CDR for Public 2-year institutions = 11.5% (PowerPoint Presentation (ed.gov) – PDF)
- (this is the cohort used for FY2018)
Information and Resources
- Financial Aid Home
- Apply for Financial Aid
- What to Know About Your Aid Award
- Types of Aid
- Summer Financial Aid
- Career Training/Non-Credit Financial Assistance
- Satisfactory Academic Progress
- Financial Aid Forms
- Cost of Attendance
- Special & Unusual Circumstances
- Policies & Conditions
- Student Consumer Information
Contact Us
finaid@virginiawestern.edu
聽Chapman Hall C106
听855-874-6690
Fax: 540-857-6208
Mailing address:
3094 Colonial Ave. SW
Roanoke, VA 24015
Walk-in Hours
Mon-Thurs: 8:00 AM-5:30 PM
Fri: 8:00 AM-5:00 PM
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