All loans must be repaid. Borrowing only what you need will reduce the amount that must be repaid when you are no longer in school.


The following items are not eligible to be paid with federal funds (including Federal grants, Federal Direct Subsidized and Unsubsidized loans, Federal Parent PLUS loans, and Federal Graduate PLUS loans):

  • Textbook and Murphy Library fines
  • Parking Fines
  • Any drug/alcohol sanctions, workshop charges
  • ID card replacement charges
  • Stop payment or NSF check charges
  • Equipment/supply replacement or non-return charges (including damage to Residence Hall property)
  • Program fees for First Flight or Rec LLC
  • Athletics -- misc equipment charges, tryout/roster fees, trip expenses, nutrition program
Federal Direct Student Loans expanding section

UW-La Crosse participates in the Federal Direct Loan Program. With Direct Lending, the lender is the U.S. Department of Education.

  • All students who wish to borrow from the Direct Loan Program must complete a Free Application for Federal Student Aid (FAFSA).
  • The Financial Aid Office will process your FAFSA application and send you an e-mail notification when your financial aid is ready to review and accept in your WINGS student center.
  •  All first-time Direct Loan borrowers will need to complete the Direct Loan Master Promissory Note (MPN) and the federally required Entrance Loan Counseling before their Direct Loans will be disbursed.
  • You may find the 2017-18 Guide to Your Financial Aid to be very helpful in understanding the Direct Loan process.
  • The interest rate for Federal Direct loans for undergraduate students is 4.45% for the 2017-18 academic year. In addition, there is a 1.066% Origination Fee deducted from the loan before it is disbursed.
  • The Federal government pays the interest on the Federal Subsidized Loans until the student is out of school six months and begins repayment. The interest on Federal Unsubsidized Loans begins accruing once the loan is disbursed. Both loans go into repayment 6 months after the student is no longer enrolled at least half-time.
Federal Direct Parent PLUS Loans expanding section
  • The Federal Direct Parent PLUS Loan Program provides loans for parents of dependent students attending post-secondary schools.
  • The Direct PLUS Loan is an education loan, with an interest rate of 7.00% for the 2017-18 academic year, that allows a parent to fund up to the entire cost of their student's education minus financial aid already awarded. In addition, there is a 4.264% Origination Fee deducted from the loan before it is disbursed. The rates for 2018-19 will be set in June 2018.
  • Eligibility is based on credit worthiness of the parent. Parents and/or step parents of dependent undergraduate students are eligible to borrow under the Federal Parent PLUS program.
  • To apply, go to our Parent PLUS Loan page.
Alternative education loans expanding section
  • Students who need additional funds for education, beyond what was awarded on their financial aid award letter, might consider an alternative education student loan.
  • These loans are private educational loans from a lender and are not guaranteed by the federal government.
  • Approval of an alternative loan is based on creditworthiness. Most students will require a co-signer.
  • The student should file a Free Application for Federal Student Aid (FAFSA) to determine eligibility for federal and state aid before applying for an alternative education loan.
  • To apply, go to our Alternative education loans page.
UWL Foundation Bridge Loan expanding section
  • For students with an outstanding balance between $100 and $350.
  • Call the Financial Aid Office to set up an appointment with a counselor regarding the Bridge Loan application.
Federal Loan Consolidation expanding section
Consolidating Student Loans
Some kinds of loans allow you to restructure your repayments based on your income. Get to know your options.