Education loans provide students and their families with an opportunity to defer part of the cost of education by borrowing now and repaying later at a reduced rate of interest. Whitworth administers federal student and parent loans through the Federal Loan Program, facilitating the funds directly from the federal government. Whitworth reports all federal loans to the National Student Loan Data System; the loan data will be accessible to authorized agencies, lenders and institutions.
There are also private education loans available through banks and credit unions as another option for meeting educational needs. These loans are credit based except for the federal direct student loans.