Loans
The FAFSA is required for all students who wish to be considered for federal, state, and institutional grants, student and parent loans. All students receiving any federal, state, or institutional loans must maintain Satisfactory Academic Progress.
Please note that all loans must be repaid.
Federal Student Loans
Federal loans are borrowed funds that you must repay with interest. A federal student loan allows students and their parents to borrow money to help pay for college through loan programs supported by the federal government. They have low-interest rates and offer flexible repayment terms, benefits, and options.
Parent & PLUS Loans
The Federal Direct PLUS Loan is an education loan for parents of undergraduate students. The parent is the sole borrower, not the student. The Federal Direct Graduate PLUS is a federal loan for graduate students enrolled at a minimum of 4.5 credits per semester.
Private Student loans
Have you exhausted your maximum borrowing eligibility through the Federal Direct Subsidized/Unsubsidized Loans, as well as considered the Parent PLUS Loan? If so, you may want to consider a private student loan through a non-federal loan program.
Use this comparative chart to learn more about the loan options available to students and parents after financial aid–scholarships, grants, and federal student loans are deducted. The chart compares the Federal Direct parent PLUS Loan, private student loans, and private parent loans.
Lebanon Valley College is committed to providing students and their families with the best information and processing alternatives available regarding student borrowing. In support of this and in an effort to rule out any perceived or actual conflict of interest between LVC officers, employees, or agents, and education loan lenders, LVC has adopted the following code of conduct.