It’s true that taking out a student loan can be a confusing process – and setting up a repayment plan can seem just as daunting. The Student Financial Services team at Western Iowa Tech has the experience and expertise to help you make choices that make sense for your future.
When you borrow money to pay for college, you need to learn the language of subsidized and unsubsidized loans, promissory notes, interest rates, disbursement, and other financial terms. We’ll walk you through each decision to help you find the right plan.
Before you take on a student loan, you should have a plan in place for making payments after graduation. Western Iowa Tech has resources and a non-profit partner to help you manage your monthly payments without breaking your budget.
Iowa law requires colleges to follow specific rules that protect students from unfair, unethical or illegal lending practices. Western Iowa Tech is committed to helping every student achieve educational success by considering each student’s individual needs.
Responsible Borrowing
Are you thinking about taking out a federal student loan to help pay for college or career school? Check out this video from StudentAid.gov to learn about your responsibilities as a borrower and what you should consider when taking out loans for college.
Then test your knowledge with ICAN’s Are You Student Loan Savvy? Quiz - the answers may surprise you!