Debt Management Tips
Maximize your future by minimizing your debt
NSU boasts a low loan default rate of 3.5 percent (3-year cohort default rate for fiscal year 2014) which is well below the national average of 11.5 percent. NSU’s dedicated debt management staff assists students with understanding the long term implications of borrowing money and provides one on one and/or group counseling on strategic borrowing, loan repayment options, effective budgeting, and credit card smarts. For more information on services offered and helpful tips, visit Debt Management
Loans can be a welcome source of financial aid for undergraduate students whose scholarships and grants do not cover the full cost of attending NSU. However, it is important to keep in mind that every dollar you borrow must be repaid with interest, and that not all loans are created equal. As a general rule of thumb, federal student loans usually offer students and parents more favorable conditions than private loans.
Below are some of the types of loans that may be available to you and your parent(s) at Nova Southeastern University.