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)


Institutions that enter into an agreement with a potential student, student, or parent of a student regarding a Title IV, HEA loan are required to inform the student or parent that the loan will be submitted to the National Student Loan Data System (NSLDS), and will be accessible by guaranty agencies, lenders, and institutions determined to be authorized users of the data system.

Office of Financial Aid

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

(602) 489-5300