The loans described in this section are available only to students and to parents of dependent undergraduate students. The loans must be repaid, typically after the student graduates or ceases to be enrolled at least half time (6 credits as an undergraduate student; 3 credits as a graduate student).
The financial aid award letter generally lists the maximum amount the student may borrow for the academic year. Students may, however, reduce or reject the amount of any loan listed on their award letter. To do this:
- New students who received paper award letters can 1) cross out the awarded amount, write in the reduced amount, sign and date the change somewhere near the requested change and mail it back to Student Financial Services or 2) e-mail Student Financial Services from their SU email address telling Student Financial Services how they want their loans to be adjusted.
- Continuing students can view their award letters at SUOnline, using the email option described above to request adjustments to their loans.
Any revised loan amount will be distributed evenly across all the quarters the student will be enrolled and once the revision is made a revised award letter and/or email notification will be sent to the student.