Number: 
03-110-105
Type: 
Rule
Policy Steward: 
Director of Business Affairs
Format Updated: 
University Policy & Standards Converted: 
Status: 
Current
Revision Date: 
Thursday, March 30, 2017

This information replaces FIS 101-04 Loan Repayments

 

101-04 Loan Repayments

OSU offers institutional student loans. A number of the student loan funds result from donations and some have specific requirements for eligibility. Interest is charged to the recipient on the unpaid balance of the loan, and is returned to the loan fund. The interest rate is disclosed in the promissory note that is signed by the student at the time of the granting of the loan. Financial Aid awards the loans and the funds are dispersed through Business Affairs.