Campus-Based Loans
Denison University offers several campus-based loans:
- Federal Perkins Loans
- Denison Scholar Loans
- C.E. Schell Foundation Loans
Students must file the Free Application for Federal Student Aid (FAFSA) to be eligible for a campus-based loan. Interest is not accrued and payment is not required while the student is in school at least half-time, during the grace period, or during deferment periods. A grace period begins when a student graduates, leaves school, or drops below half-time enrollment.
Grace periods and interest rates vary by loan type:
| Loan | Grace Period | Interest Rate |
| Federal Perkins | 9 months | 5% (fixed) |
| Denison Scholar | 9 months | 6% (fixed) |
| C.E. Schell Foundation | 6 months | 0% (fixed) |
Student borrowers are not charged an origination fee for campus-based loans. Loans are credited to the student account on July 1st (for the Fall semester) and December 1st (for the Spring semester) or upon award, as determined by the Financial Aid Office. A promissory note must be signed, but because Denison has control over the disbursement of these funds, the loan may appear on a student's account before the note has been signed.
More Information
Questions regarding campus-based loans for current students should be directed to Joan Matteson (ext. 740-587-6761) in the Controller's Office, First Floor of Doane Administration.
Denison University contracts a third-party billing agent, University Accounting Service, LLC, to send student loan statements, process deferments, and receive payments, etc. Borrowers may contact UAS at http://www.UAService.com or by calling 1-800-999-6227.