Instructional Leadership, emphasis: K-12 School Leadership (MEd)
Students outside on the N A U campus.

Student loans

Types, sources, and deadlines

A loan is money you borrow to pay for your education and then pay back, usually with interest. Once you complete your Free Application for Federal Student Aid (FAFSA), you’ll usually be offered loans in your LOUIE student account.

Loan sources

Loans are either offered by the federal government (called federal student loans) or by private sources such as banks or credit unions. Federal student loans usually come with lower interest rates and more flexibility in repayment than private loans. We generally recommend sticking to federal student loans as the first and best option. With all loans, be sure you read and understand the terms and conditions of the loan, such as interest rates and repayment expectations.

Accept, decline, or reduce your loans

You can accept, decline, or reduce the amount of your loans by visiting the financial aid section of your LOUIE student account.

  1. Log in to LOUIE.
  2. Go to the “Student Home” page.
  3. Select “Financial Aid.”
  4. On the left side of the screen, make sure the correct aid year is selected. If it’s not, click the “Change” button and select the correct aid year.
  5. Click “Accept/Decline” from the menu on the left.

Loan deadlines

View our dates and deadlines for a complete list of all scholarship and loan deadlines.

Dates and deadlines

Loan types

Contact us

All Title IV loans (subsidized, unsubsidized, PLUS) will be submitted to the National Student Loan Data System (NSLDS) and will be accessible by guaranty agencies, lenders, and institutions determined to be authorized users of the data system. Students view and manage their account regularly through Federal Student Aid to track their loan amounts.