Canceling or Reducing Your Private Loan
- The eligibility for a loan to be canceled or reduced depends on the timing of the request in conjunction with the stage of the private loan.
Processing and Disbursement
- Please allow 6-7 weeks for processing, certification and funds to be received.
- Funds will disburse no earlier than 10 days prior to the start of each semester.
- Once the loan has been certified by Kent State University, there is a federally mandated 10 day waiting period before the disbursement can be made.
Select Your Loan Period
Choosing the correct loan period is important for the processing and disbursement of your private loan request. The loan period tells your lender what term(s) of the school year you are using the private loan.
Kent State's school year has three terms: summer, fall and spring. Only choose a loan period for when you are enrolled in classes or expect to be enrolled.
Compare and Apply for Private Loans on ELM Select
Kent State University does not endorse any lender or lending institution. We will process a private education loan from ANY lending institution. To assist you in your search, we do recommend using ELM Select. ELM Select is a private loan selection tool that helps students and parents make a wise choice regarding borrowing a private loan. ELM Select allows you to compare up to five lender rates, terms and benefits at a time.
Kent State University selected the ELM Select lender options for the following reasons:
Senior entrepreneurship major Meg Gidley has loved softball since she was three years old. She spent hours and days participating in travel and local leagues As she got older, she started coaching. It was in her blood.Then, the news came. Injuries and doctor recommendations sidelined her softball playing career by the time she got to college. In 2022, she was approached about putting her softball knowledge to use. “This was not something I expected to happen. I was asked to lead a ‘coaching the coaches' seminar in pitching,” Gidley said. “This was to show coaches different drills t...
Authorization of Title IV Aid
In order for your federal student aid (Title IV aid, which includes Parent PLUS loans) to pay for non-institutional charges, an authorization must be provided by you. Authorization is needed to allow Title IV aid to pay for prior year non-institutional charges. As a new student, this authorization is part of your online registration process via FlashLine:
Know Your Responsibilities as a Borrower of a Federal Direct Loan
- View a video from Federal Student Aid if you are looking for help with your student loan decisions.
- Contact the servicer of your Direct Loan if you transfer from Kent State, drop below half-time status or there is a change in your name, permanent address, telephone or email information.
Donate to Support the Robin McManus for Children at the CDC
The Robin McManus Fund for Children supports the Kent State University Child Development Center (CDC) and its littlest learners. Your gift provides tuition assistance so more children in our community can access the enriching experience of a CDC education.