Disbursements
The net loan proceeds are generally disbursed in two installments, one at the beginning of each semester. Disbursements are made through electronic funds transfer (EFT) directly to the school.

Repayment
While the student is enrolled at least half-time at Villanova University, no principal and interest
payments are required. The interest will accumulate and be billed each quarter. The student may choose to pay the interest or allow it to accumulate and then capitalize (be added to the principal balance) after the school deferment ends. Every student will receive a six-month grace period after they drop below half-time, leave or graduate from Villanova University, before payments are required. Once payment begins, the student may have up to 15 years to repay the loan, depending on how much is borrowed. Monthly payments will be at least $50.

Application Process

Please select which step describes you the best
I am a student borrower and would like to apply for a Villanova University Loan.	I would like to cosign an existing Villanova University Loan application.	I have already applied and would like to check the status of my Villanova University Loan.

Don't want to apply online?
Click here to download the Villanova University Loan Application and Master Promissory Note (MPN).

Return to the previous page