Grants & Loans
Loans
Unlike your grants and scholarships, which are automatically credited to your student account, the student or parent borrower must initiate the loan online.
Several factors will help you determine which loan program(s) might be best for you and your family. Click on the links below to get more information about the different types of loans. Email loans@southwestern.edu or call 512-863-1259 for additional assistance.
| Federal Subsidized Loan | Federal Unsubsidized Loan | Federal Plus/ParenT Loan | Private Loan |
|
Student Loan Need-based 6.53% interest 1.057% origination fee |
Student Loan Non-need-based 6.53% interest 1.057% origination fee |
Parent Loan Requires a credit check 9.08% interest 4.228% origination fee |
Student and Parent Loans May require a cosigner Interest and origination fees vary |