The federal government provides funds while Marquette selects eligible students and determines each student's loan amount.
The interest rate is a fixed rate of 5 percent. No interest accrues while the student is enrolled at least half-time. Standard repayment period is 10 years. Repayment begins and interest accrues nine months after the last date of half-time enrollment. Students are billed quarterly by Marquette's Student Loan Accounts. Student must have completed exit interview before leaving Marquette.
Award is renewed only if all necessary forms are processed and received prior to February 1, the student continues to meet eligibility requirements and funds are available at time that the application is complete.
The Office of Student Financial Aid provides undergraduate and graduate students with resources about types of financial aid and student employment.
FAFSA School Code: 003863
Questions or for more information, contact the Office of Student Financial Aid