University loans

The University of Nevada, Reno has three types of institutional loans available to students: The Garvey-Rhodes Loan, the Blundell Undergraduate Loan, and the Federal Nursing Student Loan.

Garvey-Rhodes and Blundell Undergraduate Loans

The Garvey-Rhodes and Blundell loans are need-based loans funded from institutional endowments available for undergraduate students. Both offer low-interest (5%), long-term loans. You must be enrolled full-time (12+ credits) during the award year. There are no processing fees. Interest does accrue and repayment is not required if the student remains full-time during the academic year. Interest will accrue and repayment will begin six months after graduation, withdrawal, or enrollment drops below full-time. Repayment is not deferred if you enroll at another college.

The Cashier’s and Financial Aid & Scholarships office work together to prepare and award the institutional loan for the student. The Cashier’s office will notify the student to complete their Entrance Counseling via MyNevada, which must be completed online for funds to be disbursed. To check if you are an eligible student, please contact the Office of Financial Aid and Scholarships.

Federal Nursing Student Loan

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. Both Graduate and Undergraduate students must be full-time (9+ credits for Graduate and 12+ credits for Undergraduate) during the award year. There are no processing fees. Interest does accrue and repayment is not required if the student remains full-time during the academic year. Interest will accrue and repayment will begin six months after graduation, withdrawal, or enrollment drops below full-time. Repayment is not deferred if you enroll at another college.

The Cashier’s and Financial Aid & Scholarships offices work together to prepare and award the institutional loan for the student. The Cashier’s office will notify the student to complete their Entrance Counseling via MyNevada, which must be completed online for funds to disburse. To check if you are an eligible student, please contact the Office of Financial Aid and Scholarships.