Loans are borrowed money that you repay with interest to the lender. Because of special interest rates and repayment options, student loans are considered financial aid. Information obtained from your FAFSA determines your eligibility for student loans.

First-time borrowers should read instructions on completing the loan process. Cleveland State has identified preferred lenders. Please use the SimpleTuition loan comparison tool to further explore your lender options.

Before receiving a student loan, borrowers must complete loan entrance counseling. This quick and easy interactive counseling session provides useful tips and tools to help you develop a budget for managing your educational expenses and helps you to understand your loan responsibilities.

The Master Promissory Note is a contract with your lender and is mandatory when borrowing from a Federal Stafford Loan.

Loan Exit Counseling for loan borrowers is required when you exit the university, drop your enrollment to less than half time or graduate. Exit counseling informs you of your rights and responsibilities regarding the repayment process.