Loans

Loans are a form of financial aid that must be repaid and can come from the federal government, the University and private lending sources.

Federal loans

The William D. Ford Federal Direct Loan (Direct Loan) Program is the U.S. Department of Education’s federal student loan program. The U.S. Department of Education acts as the loan lender and there are several available loan types for undergraduate students, graduate students, professional students and parents.

Direct Subsidized Loan

The Federal Direct Subsidized Loan is a federally-sponsored "need-based" loan available to undergraduate students only.

Learn about Direct Loans

Direct Unsubsidized Loan

The Federal Direct Unsubsidized Loan is available to undergraduate, graduate and professional students, but is not based on financial need.

Learn about Direct Loans

Direct PLUS (Parents)

Direct PLUS loans are made to parents of dependent undergraduate students and has specific eligibility requirements and is not based on financial need.

Learn about Direct PLUS (Parent) loans

Direct PLUS (Grad)

Direct PLUS loans are made to graduate and professional school students and has specific eligibility requirements and is not based on financial need.

Learn about Direct PLUS (Grad) loans

Institutional Loans

Institutional loans come from the University of Nevada Reno and offer students a variety of additional funding options for their college education.

Garvey-Rhodes and Blundell Undergraduate loans

Garvey-Rhodes (GRLN) and Blundell Undergraduate (BLUN) are need-based loans for undergraduates funded from institutional endowments that each offer low interest (5%), long-term loans.

Learn about undergraduate loans

Federal Nursing Student Loan (NSL)

The Federal Nursing Student Loan (NSL) is a need-based, long-term, low interest (5%) federal loan specifically for students admitted into the Orvis School of Nursing. There are no processing fees. Interest does not accrue and there is no repayment while you remain enrolled at less than half-time. The standard repayment term is ten years.

Learn about Nursing Student Loans

Other types of student loans

Private loans

A private loan is a consumer-based, non-need-based loan. The interest rate for a private loan is usually considerably higher than the rate for a federal loan.

Learn about private loans

Nursing Student Loans

The Nursing Loan (NSL) is a need-based, long-term, low interest (5%) federal loan specifically for students admitted into the Orvis School of Nursing.