Loans & Grants

To help students cover the costs of attending college, loans and grants may be available to those who meet the requirements for the specific type of financial aid.

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Loans

Loans are available to SIUE students through federal, state and institutional programs to assist with educational costs. Some loans require financial need, but others are available to students with no financial need. Students and parents are always able to choose their lender.

• First time loan borrowers, please make certain that you have completed
  the Entrance Counseling and the Electronic Master Promissory Note.

Students and parents can also use the online Debt/Salary Wizard to help determine how much to borrow based on current or future income.

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Grants

Grants are awarded to students with significant financial need in combination with work and loans as part of an aid package. Normally, financial need is determined from information provided on the Free Application for Federal Student Aid (FAFSA).