February 15, 2010
Norfolk/Virginia Beach, Va. – The Office of Financial Aid has announced that Virginia Wesleyan College has chosen to participate exclusively in the William D. Ford Direct Loan program for all of our Federal Stafford Subsidized and Unsubsidized Stafford Loans, as well as Federal Parent Loans for Undergraduate Students (PLUS). We believe that this change will provide a more stable and predictable borrowing experience as Direct Loans (DL) are offered by the U.S. Department of Education.The Office of Financial Aid is open Monday - Friday 8:30 a.m. – 4:30 p.m. Call 757.455.3345 or e-mail finaid@vwu.edu.
As of the 2010-2011 academic year, ALL Federal Stafford and Federal PLUS loans will be processed through the Direct Loan program. This change will impact a new or a continuing student or parent borrower who plans to obtain a federal loan after July 1, 2010.
For more information and specific details, visit http://ww2.vwu.edu/admissions/financial-aid/student-loans.
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