Financial Aid


Loans are often a necessary means of financing education and are available for both students and parents. While educational loans are an investment in your future, they should still be borrowed with careful consideration.

Because loans must be repaid, exhaust all other sources of aid and borrow only what is absolutely necessary. What are your career goals, and how much educational debt you can reasonably afford? Note that loan repayments can become burdensome when monthly repayment amounts exceed 8% of your monthly adjusted gross income.

Remember that borrowing is a serious responsibility – save all documentation sent to you by your lender for future reference.

Federal Student Loan Ombudsman

The Department of Education has created the Office of the Student Loan Ombudsman to assist borrowers in resolving any problems regarding their Title IV federal loans. The Ombudsman can be contacted as follows:


U.S. Department of Education
FSA Ombudsman Group
P.O. Box 1843
Monticello, KY 42633

Phone: (877) 557-2575 (TOLL FREE)
Fax: 606-396-4821