Loans - Arizona Christian University


Students may consider borrowing money to pay for their education. Loans are a type of aid that must be repaid, therefore, they should be considered after exploring scholarship and grant opportunities.

Types of Loans

Direct Subsidized Loan

A Fixed-interest loan available to student borrowers. Interest is paid while the student is enrolled. Payments are deferred until 6 months after graduation, withdrawal, or enrollment drops below half-time status.

First time borrowers of Federal Direct Loans must complete a Master Promissory Note before the loans will be disbursed. For additional information please click, here.

Direct Unsubsidized Loan

Fixed-interest loans available to student borrowers. Interest accrues while the student is enrolled. Payments are deferred until 6 months after graduation or withdrawal below half-time status.

First-time applicants for Federal Direct Loans must complete sign a Master Promissory Note before loans will be disbursed.

Parent PLUS Loan

Fixed-interest loan available to parents of dependent students. PLUS loan is credit-based loan and requires a separate application and Master Promissory Note completed by the parent. Payments can be deferred while the student is enrolled at least half-time. (If a parent is not eligible for the PLUS loan, the student becomes eligible for an additional $4,000 in their Direct Unsubsidized Loan.)

Private Educational Loan

Variable Interest rate loans available to student borrows. These loans are credit-based and typically require a credit worthy co-signer. Please talk with the Financial Aid Office before applying for a private loan.

Requirements for Loans

  • Minimum half-time enrollment
  • Subsidized loan based on financial need
  • Sign a Master Promissory Note
  • Complete Entrance Counseling

Direct Loan Amounts

  Additional unsubsidized loan
Grade Level Base Direct Loans Dependent Undergrads
Unsubsidized loans
Independent Undergrads
Unsubsidized loans
Freshman (0-27 units)
Sophomore (28-59 units)
Junior (60-89 units)
Senior (90+ units)

Office of Financial Aid

Arizona Christian University
1 W. Firestorm Way
Glendale, AZ 85306

(602) 489-5300

[email protected]