If you need additional funds to pay for tuition there are multiple loan options available.

Federal Loans

If you apply for financial aid, you may be offered loans as part of your school’s financial aid offer. A loan is money you borrow and must pay back with interest. Find out more about the Federal Loan Options available. 

Private Loans

Private loans, also called Alternative Loans are private loans that are made through lending institutions that are not necessarily part of the federal government’s programs. Find out more about getting a private loan and your available options. 

Repaying Your Loans

Once you graduate, leave school, or fall below half time enrollment, you will have to start repaying your loans.


How do I contact the Direct Loan Program?

  • Student Loan Support Center: The Student Loan Support Center may be reached by phone, 1-800-557-7394, or email, studentloansupport@ed.gov.
  • Federal Student Aid (FSA) ID:  An FSA ID is required in order to sign your Direct Loan MPN.  An FSA ID is a username and password that gives you access to Federal Student Aid’s online systems including the Free Application for Federal Student Aid (FAFSA) and can serve as your legal signature for the Direct Loans process.  An FSA ID can be created here: https://fsaid.ed.gov/npas/index.htm.
  • Master Promissory Note: A Federal Direct Loan MPN is required of all new and current borrowers.
  • Entrance Counseling: Federal Direct Loan Entrance Counseling is required for all new and returning borrowers.
  • Direct Loan Account Information: Online account and billing information.

For a complete listing of your school's loan volume, please visit the National Student Loan Data System


University of Illinois at Springfield (00933300)

Three-year Cohort Default Data with Fed Loan Servicing

Cohort YearBorrowers in DefaultBorrowers Entering RepaymentBorrowers over 200 days delinquent
201932530
202002260
202102590

PHEAA conducts its own student loan servicing operations for federally-owned loans as FedLoan Servicing.

Learn more about the connection between FedLoan Servicing and PHEAA