Alumni Loan Repayment

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The Office of Student Financial Services (SFS) is dedicated to helping our alumni and students manage the debt they incur while students at Midwestern University. Loan repayment is the single most important financial issue our alumni and students generally face. Information about exit counseling, financial literacy, loan repayment options, and other information is described in detail in an effort to help you become an informed borrower.

Loan Overview

For many alumni, educational loans were a necessary part of the process of paying for school. In addition, it is very important to understand the basics of each loan program offered at Midwestern University. You can read about the loan programs below and we encourage you to contact the Office of Student Financial Services if you have any questions.

The Office of Student Financial Services (SFS) knows it's important for alumni to repay their loans as quickly and inexpensively as possible and we are here to help. We look forward to working with you now and in the future.

Loan Programs

Please select a type of loan below for more information about each particular loan.

Federal Family Education (FFEL) Program Borrowers:

On July 1, 2010, the Federal government eliminated the Federal Family Education Loan (FFEL) program. All student loans are now originated through the Federal Direct Loan program starting with the 2010-2011 academic year. Borrowers who have previously borrowed through a FFEL lender need to contact their lender or servicer for more information.

Student Loan Repayment Services

We have partnered with Paul Garrard, Founder and President of PGPresents, an independent student loan consulting company, to provide loan repayment services to graduates and alumni. Mr. Garrard is a thirty-year veteran of higher education and student financial aid and is considered by many to be the number one educational debt management expert in the nation, especially when it comes to helping health professions graduates manage their student loans.  He works with thousands of health professions graduates helping them choose repayment strategies to meet their career, personal and financial goals. The services are offered at no additional charge to all Midwestern University graduates and alumni.

Loan Repayment Video Modules

  • A series of video modules designed to assist graduating students and alumni with common terms and policies regarding federal student loans
  • Click here for the full collection: Financial Aid Loan Repayment Modules

 

Student Loan Calculators

Use the loan calculators below to assist you with your loan repayment options.

Note: Please note that the calculators are used for informational purposes. For actual repayment amounts and schedule of your student loan payments, contact your lender or servicer.

Department of Education
FinAid.org
Mapping Your Future
Salie Mae

Alumni Contact Information for Loan Servicers

Loan Servicer:

A company that collects payments, responds to customer service inquiries, and performs other administrative tasks associated with maintaining a student loan on behalf of a lender. 


Federal Student Loans:  Loan Servicer information can be found on the studentaid.gov website under Home » How to Repay Your Loans » Understanding Repayment » Loan Servicers

Private Student Loans: If you are unsure who your private student loan servicer is, you can look it up by pulling your credit report at: Annualcreditreport.com

Midwestern University Institutional Loans: Borrowers can direct all inquires about their MWU campus-based and/or institutional loans to the MWU Loan Repayment Office. You can also visit the main Institutional Loan Repayment webpage where you will find additional contact information as well as detailed information on the various institutional loans.  

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