Student loans provide learners nationwide with financial assistance to afford their higher education, career path, and professional development. As a public university, Brigham Young University, also offers a variety of financial aid options to meet students’ financial need, including a variety of loan and grant opportunities.
At Brigham Young University, financial aid is available to qualified students who demonstrate a need for financial assistance (learn more at SoFi). Students who can show evidence of a need for financial aid are considered for need-based financial aid. A list of loan and grant programs for students at Brigham Young University is available on the BYU Financial Aid & Scholarships website.
If you are a student who has qualified for need-based financial aid and would like to know more about how the financial aid you receive is funded, or to review current and past aid packages, you may be interested in reading more about BYU financial aid.
Loans and Grants
Financial aid at Brigham Young University consists of the following types of loans and grants:
Loans are debt, secured by your assets and usually for a specific purpose. Scholarships Grants are the most common type of aid that is provided to students at Brigham Young University. Each year, students are awarded merit-based scholarships to fulfill their financial need. BYU is a participant in a number of various forms of student financial aid programs, including the American Recovery and Reinvestment Act of 2009, the Pell Grant Program, and the Supplemental Educational Opportunity Grant. Federal loans can only be used to meet your financial need, not to pay for tuition, fees, room and board, or other school-related expenses. Non-Federal Loans Non-Federal loans are non-profit, for-profit, and public (non-Housing and Health and Human Services) loans from multiple sources, and many are eligible to qualify as a Federal PLUS loan. They come in a variety of forms and are categorized as either Stafford or PLUS loans. To learn more about your options for a non-Federal loan, please visit the non-Federal loan page.
Understand and Verify Your Loan Documents
Before applying for a loan, you should understand and verify your loan documents.
Understanding and verifying loan documents is required before you are allowed to proceed with your application.
For additional information on how to verify your student loan documents, visit the FAFSA FAQ page or call us at 1-877-433-3243 (TTY: 1-855-853-0681).
Use the Education Opportunities Locator to find the nearest Federally Qualified Student (FQS) organization or loan processor.
Federal Direct Student Loan Fact Sheet
For questions about your federal student loan, visit the FedLoan Servicer’s student loan FAQs page. For questions about Federal Direct Loan Program regulations and programs, visit the Office of the Federal Censor’s Federal Direct Loan Program.
Your state and local lenders will have additional details on the Federal Direct Student Loan program. Learn more. You may also need to contact the entity that loaned you the funds. A list of all Federal Direct Loan organizations can be found here. You may also need to contact the entity that loaned you the funds. A list of all Federal Direct Loan organizations can be found here. Check the status of your student loans in the Federal Direct Student Loan Program.