There are several types of loans available to Bluffton students, both federal loans and private student loans.

Students may qualify for one or more of the loans discussed below unless the student is in default on a previous student loan or has borrowed the maximum amount allowed. Undergraduate students must have a minimum of six credit hours per semester to be eligible for loans. Students must also complete the FAFSA to determine what type of loans and the amount they may be eligible to receive.

William D. Ford Federal Direct Loan Programs

All first-time direct loan borrowers at Bluffton must complete both Entrance Loan Counseling and a Master Promissory Note at before loans can be disbursed to their account.

Federal Direct Subsidized & unsubsidized Loans

These are loans available to students from the U.S. Department of Education. A FAFSA must be filed at to qualify for Direct Subsidized and Unsubsidized Loans. If a FAFSA is filed, these loans will automatically be added to a student's financial aid award package based on eligibility per federal regulations. 

Both the entrance counseling and MPN are only completed when borrowing Direct Loans for the first time and do not need to be completed again in subsequent years.

All first-time Direct Loan borrowers must complete Entrance Loan Counseling and a Master Promissory Note (MPN) at 

Federal Direct Parent PLUS Loan

These are loans that a parent (or step-parent) can borrow on behalf of their student. A FAFSA must be filed at in order to borrow a Direct Parent PLUS Loan. 

One parent must complete both the application and the Master Promissory Note (MPN) at

Questions? Contact Applicant Services for PLUS Loan Borrowers at 1-800-557-7394 8 a.m.-8 p.m., Monday through Friday.

PRIVATE education loan options for students and parents

  • Private student education loans provide students an option for funding their education. To be considered for approval, the student must have a creditworthy cosigner.

  • Private parent loans are private education loans that parents, family members, or other creditworthy individuals may borrow to assist undergraduate and graduate students who are attending school full time, half time or less than half time.  The student cannot be the borrower or the cosigner.

    To apply for a private education loan, please click on FASTChoice for lender information and selection.