Canadian and U.S. Citizens interested in studying our Dental programs may be eligible to apply for financial aid to help you with your Cost of Attendance (COA). Please read thoroughly, it is your responsibility to secure funding for your entire program regardless if funding is available or denied.

Canadian Loans

For information about the loans the Government of Canada offers to eligible full and part-time post-secondary students, visit the Government of Canada student loans website.

For assistance filling out your enrollment confirmation forms contact the Financial Aid Office located in Campus Campestre.

Contact: Elizabeth Torres
Phone number: +52 (477) 710 8500 Ext. 4422
E-mail address: etorrest@lasallebajio.edu.mx
Hours: Monday through Friday from 9:00 a.m. to 6:00 p.m.

In the event enrollment confirmation forms were completed for your Canadian funding and you later suspend, withdraw or otherwise change status, please contact your loan provider to see if any further paperwork is needed.

United States Loans

The Universidad La Salle Bajío is foreign institution eligible to participate in the Federal Student Aid Program, our School Code is 037765.

Although it may be possible to fund your entire education through Federal Student Aid, we recommend a conservative approach to borrowing. We also encourage you to save as much as possible before enrolling, so that you may avoid a heavy debt burden. For more information regarding Federal Student Aid, please visit the Federal Student Aid website.

The Dentistry Dual-Degree Program, is currently not accepting new students. For more information, please contact the Faculty of Dentistry:

Laura María Díaz Guzmán
Directora Académica
Facultad de Odontología
(477) 710 85 00, ext. 2800
lmdiaz@lasallebajio.edu.mx

For prospective students seeking financial aid for the Dentistry Dual-Degree Program, it is recommended that prospective students submit their FAFSA application no later than May 1st to ensure funding is available by September.

Note: This program is considered an undergraduate level program for the first three years; consequently, undergraduate loan limits apply. Once you enroll in the seventh semester you become a Professional Student and graduate loan limits apply.

For prospective students seeking financial aid forfor CIRO - International Dental Program,there are currently two dates:

• For starting date June 2022 it is recommended that prospective students submit their FAFSA application no later than May 1st, to ensure funding is available by July.

• For starting date January 2023 it is recommended that prospective students submit their FAFSA application no later than September 30th, to ensure funding is available by February.

The Universidad La Salle Bajío, A.C. does not administer any other loan program at the moment. The Financial Aid Office is located in Campus Campestre.

Contact: Elizabeth Torres / Phone number: 52 (477) 710 8500 Ext. 4422
E-mail address: etorrest@lasallebajio.edu.mx
Hours: Monday through Friday from 9:00 a.m. to 6:00 p.m.

Basic Eligibility Criteria:

• Be a US citizen, or eligible noncitizen
• Have a valid Social Security number
• Have a High School Diploma or its equivalent
• Be enrolled at least half-time in an eligible program.
The University offers two eligible programs:

1. CIRO / International Dental Program.
2. Dentistry Dual-Degree Program (Note: These two academic programs do not participate in University’s exchange program)

• Be making Satisfactory Academic Progress (SAP), make sure you read the SAP Policy
• Not be in default on any federal funds

The federal loan eligibility criteria is subject to change at the US Department of Education’s discretion and are beyond the University's control. To check the latest eligibility criteria, visit the https://studentaid.gov/understand-aid/eligibility/requirements.

Note: The Universidad La Salle, A.C. can only approve loans for students who meet the criteria set by the US Department of Education..

How much can I borrow?

The amount of aid you are eligible to receive depends on various factors such as:
• Location of University; schools located outside the US are considered Foreign Schools • Type of Program and grade level
• Whether you are classified as dependent or independent student

Location
Universidad La Salle Bajío, A.C. is classified as a foreign school. Foreign schools can only offer aid through loans.

Type of program and grade level
For Federal Student Aid purposes, the Dentistry Dual-Degree is an Undergraduate program until the sixth semester; once enrolled in the seventh semester it becomes a professional program; loan limits apply accordingly.
The CIRO-IDP is a Professional Program; students are classified as Professional Students, and graduate/professional students loan limits apply. Whether you are a dependent or independent
This condition applies only to undergraduate students.
The annual loan limit amount depends on the classification.
• Amounts can be found on the student aid website:
https://studentaid.gov/understand-aid/types/loans/subsidized-unsubsidized Dependent vs Independent

For the purposes of Federal Student Aid, a student is considered an independent student, if they meet one or more of the following criteria:

• the student is at least 24 years old by 31 December of the award year;
• the student is married as of the date the FAFSA is completed;
• the student is working on a masters or doctorate program at the beginning of the award year for which the FAFSA is completed;
• the student is currently serving on active duty in the U.S. armed forces for purposes other than training;
• the student is a veteran of the US Armed Forces;
• the student has at least one child who receives more than half of his or her support from the student;
• the student has a dependent, other than a spouse or a child, who lives with the student and receives more than half of his or her support from the student at the time the FAFSA is completed and through 30 June of the award year.
• the student at any time since turning age 13, were both parents deceased, and in foster care, or were a dependent or ward of the court;
• the student was determined by a court in their state of legal residence to be an emancipated minor or that someone other than the parent or stepparent has legal guardianship.

Type of Loans available for undergraduate students
Students in an undergraduate program may qualify for the following loans:
• Direct Subsidized Loan – Must demonstrate need
• Direct Unsubsidized Loan – Not based on need
• Direct Parent Plus Loan – Only for students classified as dependents

Questions	Direct Subsidized loan	Direct Unsubsidized loan	Parent PLUS loan (Undergraduate)
Who is eligible?	A dependent student who demonstrate financial need.	A dependent and independent student. Not based on financial need.	Parents (biological, adoptive, or in some cases, stepparent) of dependent enrolled in undergraduate courses. Both the parent and the student must be eligible for federal student aid.A credit check is required.
How do repayments work?	No interest or payment required as long as you are enrolled on an eligible course at least half-time.	No payments required as long as you are enrolled on an eligible course at least half-time. However, interest accrues while you are studying.	No payments required as long as the dependentstudent is enrolled on an eligible course at least half-time. However, interest accrues while you are studying.
When does repayment start?	Six months after your course finishes, known as the “grace period” or you become less than half-time, or withdraw.	Six months after your course finishes, known as the “grace period” or you become less than half-time, or withdraw.	PLUS loans have no grace period. Repayment period begins on the date of the final disbursement. Unless you receive a deferment or forbearance.

Loan Limits for students enrolled in an undergraduate program

Year	Dependent Students (except students whose parents are unable to obtain PLUS Loans)	Independent Students (and dependent undergraduate students whose parents are unable to obtain PLUS Loans)	Parent Plus
First-Year Undergraduate Annual Loan Limit	$5,500 $3,500 in Subsidized Loans $2,000 in Unsubsidized loans	$9,500 $3,500 in Subsidized Loans $6,000 in Unsubsidized Loans	For dependent undergraduate students only. Total amount remaining after all other aid/loans have been deducted from COA
Second-Year Undergraduate Annual Loan Limit	$6,500 $4,500 in subsidized Loans $2,000 in Unsubsidized loans	$10,500 $4,500 in Subsidized Loans $6,000 in Unsubsidized Loans	For dependent undergraduate students only. Total amount remaining after all other aid/loans have been deducted from COA
Third-Year and Beyond Undergraduate Annual Loan Limit	$7,500 $5,500 In Subsidized Loans $2,000 in Unsubsidized Loans	$12,500 $5,500 in Subsidized Loans $6,000 in Unsubsidized Loans	For dependent undergraduate students only. Total amount remaining after all other aid/loans have been deducted from COA
Subsidized and Unsubsidized Aggregate Loan Limit	$31,000—No more than $23,000 of this amount may be in subsidized loans.	$57,500 for Undergraduates —No more than $23,000 of this amount may be in subsidized loans.	Parent PLUS loans do not have a set limit. The institution’s Cost of attendance (COA) is the limit.

To learn more information about the loans, visit: https://studentaid.gov/understand-aid/types/loans.

To learn more about repayment, visit: https://studentaid.gov/manage-loans/repayment

Interest rates and additional fees

The interest rate varies depending on the loan type, and the date the loan is first disbursed.
The table below provides interest rates for Direct Subsidized, Direct Unsubsidized, and Direct PLUS Loans first disbursed on or after July 1, 2022, and before July 1, 2023.

Type of Borrower	Undergraduate Borrowers	Graduate or Professional Borrowers	Parents and Graduate or Professional Students Borrowers
Type of Loan available	Direct Subsidized Loans and Direct Unsubsidized Loans	Direct Unsubsidized Loans	Direct PLUS Loans
Loans first disbursed on or after July 1, 2022, and before July 1, 2023	4.99%	6.54%	7.54%
First disbursed on or after July 1, 2021 and before July 1, 2022	3.73%	5.28%	6.28%

The interest rates are fixed rates for the life of the loan. For the latest rates, visit the Federal Student aid website: https://studentaid.gov/understand-aid/types/loans/interest-rates.

Note:The The student loan payment pause is extended until the U.S. Department of Education is permitted to implement the debt relief program or the litigation is resolved. Payments will restart 60 days later. If the debt relief program has not been implemented and the litigation has not been resolved by June 30, 2023 — payments will resume 60 days after that.

Are there any fees for federal student loans?

Most federal student loans have loan fees that are a percentage of the total loan amount. The loan fee is deducted proportionately from each loan disbursement you receive while enrolled in school. This means the money you receive will be less than the amount you actually borrow. You are responsible for repaying the entire amount you borrowed and not just the amount you received.
The chart below shows the loan fees for Direct Subsidized, Direct Unsubsidized, and Direct PLUS Loans.

Loan Fees for Direct Subsidized Loans and Direct Unsubsidized Loans
Firs Disbursement Date	Loan Fee
On or after 10/1/20 and before 10/1/23	1.057%
On or after 10/1/19 and before 10/1/20	1.059%
Loan Fees for Direct PLUS Loans
Firs Disbursement Date	Loan Fee
On or after 10/1/20 and before 10/1/23	4.228%
On or after 10/1/19 and before 10/1/20	4.236%

Cost of attendance (COA) varies by program and by year of initial enrollment:

The Dentistry – Dual Degree Program is currently not accepting new students
Academic Program beginning August 2020 / February 2021
Tuition $18,000.00 per semester

Off Campus - DUAL DEGREE - August 2020 / February 2021

Concept	Amount 1st Year	Amount 2nd Year	Amount 3rd Year	Amount 4th Year	9th Semester
Tuition and Fees	$36,000.00	$36,000.00	$36,000.00	$36,000.00	$18,000.00
*Books / Supplies / Instruments	$2,710.00	$5,151.00	$400.00	$400.00	$200.00
*Transportation	$3,263.00	$3,263.00	$3,263.00	$3,263.00	$1,632.00
*Room and Board	$6,211.00	$6,211.00	$6,211.00	$6,211.00	$3,106.00
* Personal Expenses	$2,500.00	$2,500.00	$2,500.00	$2,500.00	$1,250.00
Totals	$50,684.00	$53,125.00	$48,374.00	$48,374.00	$24,188.00

On Campus is currently not offered due to the worldwide COVID-19 pandemic

Concept	Amount 1st Year	Amount 2nd Year	Amount 3rd Year	Amount 4th Year	9th Semester
Tuition and Fees	$36,000.00	$36,000.00	$36,000.00	$36,000.00	$18,000.00
*Books / Supplies / Instruments
*Transportation
*Room and Board
*Personal Expenses
Totals	$36,000.00	$36,000.00	$36,000.00	$36,000.00	$18,000.00

All amounts are in US Dollars
Cost of Books/Supplies/Instruments vary depending on the year
It takes 9 semesters to complete the degree.
The required courses total 410 credits to graduate.
* Fees are estimated for a full-time one year of enrollment.

Disbursement information

Disbursements for students enrolled in the Dentistry Dual-Degree Program are programmed per Academic year at the beginning of each semester, one installment in August and one in February.

Within three working days of the University receiving the funds, the amounts for tuition and fees are applied to your institutional account, and any excess balance is paid directly to you, within 14 days, of arrival date.

• You must be enrolled before your funds can be requested.
• Foreign schools are subject to a 30-day disbursement delay. • Once money is disbursed you must remain enrolled on at least a half-time basis otherwise you will lose eligibility.
• In the event you need to cancel any aid, request a Leave of Absence, or withdraw from the Program, you must contact the Financial Aid Office immediately.
• We can only process loans for students who meet the criteria set by the US Department of Education.
• It is your responsibility to secure funding for your entire program regardless if funding is available or denied.

How much can I borrow?

The amount of aid you can borrow depends on various factors such as:

• Location of University; schools located outside the US are considered Foreign Schools
• Type of Program and grade level
• Whether you are classified as dependent or independent student

Location
Universidad La Salle Bajío, A.C. is classified as a foreign school. Foreign schools can only offer aid through loans.

Type of program and grade level
For Federal Student Aid purposes, the Dentistry Dual-Degree is an Undergraduate program until the sixth semester; once enrolled in the seventh semester it becomes a professional program; loan limits apply accordingly.

The CIRO-IDP is a Professional Program; students are classified as Professional Students, and graduate/professional students loan limits apply.

Whether you are a dependent or independent
This condition applies only to undergraduate students.
The annual loan limit amount depends on the classification.
• Amounts can be found on the student aid website:
https://studentaid.gov/understand-aid/types/loans/subsidized-unsubsidized

Type of Loans available for Graduate/Professional students
Students enrolled in the CIRO program are eligible to apply for two types of loans:
• Direct Unsubsidized, and
• Direct PLUS

Questions	Direct Subsidized loan	Direct Unsubsidized loan	Direct PLUS loan (Graduate/Professional)
Who is eligible?	Not eligible	Graduate/Professional student. Not based on financial need.	Graduate/Professional student. A credit check is required. Not based on financial need.
How do repayments work?		No payments required as long as you are enrolled on an eligible course at least half-time. Interest accrues while you are studying.	No payments required as long as you are enrolled on an eligible course at least half-time. Interest accrues while you are studying.
When does repayment start?		Six months, known as the “grace period”, after your course finishes or you become less than half-time.	Six months, known as the “grace period”, after your course finishes or you become less than half-time

If you have an adverse credit history, you may still receive a Direct PLUS Loan. To learn more visit: https://studentaid.gov/understand-aid/types/loans/plus/grad

To learn more about repayment, please visit the https://studentaid.gov/manage-loans/repayment and you can also watch the following video: https://www.youtube.com/watch?v=mTHtn0FRMWw

Loan Limits for Graduate / Professional Students

Year	Unsubsidized Loan	PLUS Loan for Graduate or Professional Students
Graduate or Professional Students Annual Loan Limit	$20,500 (unsubsidized only)	Total amount remaining after all other aid/loans have been deducted from COA
Subsidized and Unsubsidized Aggregate Loan Limit	$138,500 for graduate or professional students—No more than $65,500 of this amount may be in subsidized loans. The graduate aggregate limit includes all federal loans received for undergraduate study.	Parent PLUS loans do not have a set limit. The institution’s Cost of attendance (COA) is the limit

To learn more about repayment, please visit https://studentaid.gov/understand-aid/types/loans

Interest rates and additional fees

The interest rate varies depending on the loan type, and the date the loan is first disbursed.

The table below provides interest rates for Direct Subsidized, Direct Unsubsidized, and Direct PLUS Loans first disbursed on or after July 1, 2022, and before July 1, 2023.

Type of Borrower	Undergraduate Borrowers	Graduate or Professional Borrowers	Parents and Graduate or Professional Students
Type of Loan available	Direct Subsidized Loans and Direct Unsubsidized Loans	Direct Unsubsidized Loans	Direct PLUS Loans
Loans first disbursed on or after July 1, 2022, and before July 1, 2023	4.99%	6.54%	7.54%

The interest rates are fixed rates for the life of the loan. For the latest, please visit the Federal Student aid website: https://studentaid.gov/understand-aid/types/loans/interest-rates.

Note: The student loan paymentpause is extended until the U.S. Department of Education is permitted to implement the debt relief program or the litigation is resolved. Payments will restart 60 days later. If the debt relief program has not been implemented and the litigation has not been resolved by June 30, 2023 — payments will resume 60 days after that.

Are there any fees for federal student loans?

Most federal student loans have loan fees that are a percentage of the total loan amount. The loan fee is deducted proportionately from each loan disbursement you receive while enrolled in school. This means the money you receive will be less than the amount you actually borrow. You’re responsible for repaying the entire amount you borrowed and not just the amount you received.

The chart below shows the loan fees for Direct Subsidized, Direct Unsubsidized, and Direct PLUS Loans.

Loan Fees for Direct Subsidized Loans and Direct Unsubsidized Loans
First Disbursement Date	Loan Fee
On or after 10/1/20 and before 10/1/23	1.057%
On or after 10/1/19 and before 10/1/20	1.059%
Loan Fees for Direct PLUS Loans
Firs Disbursement Date	Loan Fee
On or after 10/1/20 and before 10/1/23	4.228%
On or after 10/1/19 and before 10/1/20	4.236%

Cost of attendance varies by program and by year of initial enrollment

CIRO International Dental Program
Cost of Attendance
Academic Year 2023-2024
Student with Foreign Graduate Degree    CIRO XIV

Concept	1st Semester	2nd Semester	3rd Semester	4th Semester
* Tuition and Fees	$33,000.00	$33,000.00	$33,000.00	$33,000.00
Books/Supplies/Instruments	$18,800.00	-	-	-
**Student Loan Fees	$1,000.00	$1,000.00	$1,000.00	$1,000.00
**Transportation	$2,082.00	$2,082.00	$2,082.00	$2,082.00
**Room and Board	$4,872.00	$4,872.00	$4,872.00	$4,872.00
**Professional Exam	-	-	$4,500.00	$4,500.00
**Living Expenses	$1,250.00	$1,250.00	$1,250.00	$1,250.00
Totals	$61,004.00	$42,204.00	$46,704.00	$$ 46,704.00
Total per Academic Year		$103,208.00		$93,408.00

* Tuition for a student with a Mexican University Degree $29,500.00
* Tuition for an alumni $27,500.00
** Fees are estimated for a full-time one year of enrollment

All amounts are in US Dollars
It takes 2 (two) years to complete the degree.
The required courses total 254 credits to graduate.
* Fees are estimated for a full-time one year of enrollment.

Disbursement information

Disbursements for the CIRO-IDP are scheduled according to the year of enrollment. Please be aware that foreign schools are subject to a 30-day disbursement delay.

• For students enrolled in the 1st year, the disbursements are programmed per semester; total cost of semester, disbursed in two equal installments.

o For students that begin the program in the month of January o Disbursements for the first semester are programmed for February and April. o Disbursement for the second semester are programmed for August and October.

o For students that begin the program in the month of July o Disbursements for the first semester are programmed for August and October. o Disbursements for the second semester are programmed in February and April.

• For students enrolled in the 2nd year, the total Cost of Attendance (COA) disbursed in two equal installments; one disbursement for the third semester, and one for the fourth semester.

Within three working days of the University receiving the funds, the proportion for tuition and fees are applied to your institutional account, and any excess balance is paid directly to you, within 14 days, of the funds arriving.

• You must be enrolled before your funds can be requested. • Foreign schools are subject to a 30-day disbursement delay. • Once money is disbursed you must remain enrolled on at least a half-time basis; otherwise, you may lose eligibility. • In the event you need to cancel any aid, request a Leave of Absence, or withdraw from the Program, you must contact the Financial Aid Office immediately. • We can only process loans for students who meet the criteria set by the US Department of Education. • It is your responsibility to secure funding for your entire program regardless if funding is available or denied.

It is your responsibility to ensure that a complete loan application is submitted in a timely manner.
For more information regarding the Federal Student Aid Loans, please visit:
https://studentaid.gov/understand-aid/types/loans
Note: The Universidad La Salle Bajío, A.C. for Federal Student Aid purposes is considered a foreign school; therefore, the aid available is through loans; and applications and Loan Agreements (MPN) must be completed yearly.

Note: Foreign Educational Institutions are not required, as a matter of Title IV eligibility to obtain an EIN, and complete Form 1098-T for U.S. students enrolled. Therefore, the Universidad La Salle Bajío, A.C. does not have an EIN, consequently, does not provide the Form 1098-T to students.

Five steps process

Step 1° – Application

To Complete visit: https://studentaid.gov/h/apply-for-aid/fafsa. To determine your eligibility for federal loans you need must first complete the Free Application for Federal Student Aid (FAFSA).

• Make sure you choose the correct FAFSA for the year you are seeking enrollment.
• School Code – 037765 • or additional information on how to complete the FAFSA, visit https://studentaid.gov/apply-for-aid/fafsa/filling-out/help

• Graduate / Professional PLUS loan applicationhttps://studentaid.gov/plus-app/grad/landing

o To learn more, visit the Federal Student Aid website at
https://studentaid.gov/understand-aid/types/loans/plus/grad

• Parent PLUS loan applicationhttps://studentaid.gov/plus-app/parent/landing

o To learn more, visit the Federal Student Aid website at
https://studentaid.gov/understand-aid/types/loans/plus/parent

Note: Federal student loans are real loans, just like car or mortgage loans. You must repay a student loan even if your financial circumstances become difficult. Federal student loans usually can’t be written off in bankruptcy. They can’t be canceled because you didn’t get the education or job you expected, and they can’t be canceled because you didn’t complete your education, unless you couldn’t complete your education because your school closed.

Step 2° – Complete your Master Promissory Note(s) MPNs)
To complete visit https://studentaid.gov/mpn/

A Master Promissory Note (MPN) is needed for each type of loan you are requesting.
• Undergraduates Students:
o Complete only one MPN for the Subsidized and Unsubsidized Loan.
• Graduate / Professional students:
o Must complete MPN for each type of loan requesting:
+ If you you are only requesting the Unsubsidized loan that provides the FAFSA (loan limit $20,500.00) you only need to sign the Unsubsidized MPN. + If you are also requesting the PLUS Loan, then you also need to sign the PLUS loan MPN.
• Parent Borrower:
o Must complete the Parent PLUS Loan Master Promissory Note

Step 3° – Complete entrance counseling

To complete visit: https://studentaid.gov/app/counselingInstructions.action?counselingType=entrance

All Federal Direct Loan first-time borrowers must complete an entrance counseling. If you have already completed the entrance counseling in a previous year of study, you do not need to complete it again, unless you changed from undergraduate student to a professional student, and you will now request a PLUS loan.

A Parent Borrower and students with adverse credit are required to take the PLUS credit counseling.

Step 4° – Annual Student Loan Acknowledgement

To complete please visit https://studentaid.gov/asla/ If this is your first time accepting a federal student loan, you are acknowledging that you understand your responsibility to repay your loan. If you have existing federal student loans, you are acknowledging that you understand how much you owe and how much more you can borrow. If a parent is taking a Parent PLUS loan, a Loan Acknowledgement is also needed.

Step 5° – Submit Additional Documentation

Once you have completed steps 1-4, contact the Financial Aid Office located in the Main Campus to confirm loan process. The Financial Aid office will send you an email after your FAFSA is reviewed.

Contact: Elizabeth Torres /Phone number: +52 (477) 710 8500 Ext. 4422
E-mail address: etorrest@lasallebajio.edu.mx
Hours: Monday through Friday 9:00 a.m. to 6:00 p.m.

Additionally, to complete your loan process you must provide the following documentation when you come to Leon; please DO NOT EMAIL THE DOCUMENTS, unless they are passcode encrypted and you send the password in a separate email.

• Proof of citizenship and or US legal residency
• ECE Transcript (www.ece.org)
• Tax Return transcript. To order visit IRS website.

Federal regulations indicate that any student who has received a federal loan while in attendance at the Universidad La Salle Bajío, A.C. must complete an Exit Counseling; the exit counseling will take about half an hour. You must:

1. Take the Federal Direct Loan Exit interview by clicking here https://studentaid.gov/exit-counseling
   Your Exit Interview will not be considered complete until you have gone through the entire interview and entered and confirmed your Name and Social Security Number or PIN. Once you have completed Exit Counseling online, you will receive a confirmation email, which you need for your records
2. Complete and submit to the Financial Aid Office the Borrower Information Sheet
   • Parental information is required of ALL students, regardless of age or dependency status. Should your parents be deceased, you must indicate this in the parental section of the form.
   • Two additional references are required. These references must have different addresses than yourself, your parents and each other.

The Exit Interview
• Explains the rights and responsibilities of federal loan borrowers

• Is required when a student:
    • graduates,
    • drops below part-time status
    • takes a leave of absence, or
    • withdraws from the University

* Students who do not complete an exit interview may have their diploma and transcripts placed on hold.
* Students who take an approve leave of absence; do not qualify for disbursements while in leave of absence.
* Students that withdraw must immediately contact the Financial Aid Office to learn about your rights and responsibilities.

About Repayment: What? When? How?

Repayment is the process of making payments to pay off the loan you borrowed, plus the interest that has accrued on the loan while you were in school, during any periods of authorized deferment, and during your grace period. The longer you take to repay your loans, the more you will have to pay in interest charges.

Repayment begins after a grace period following your graduation date or your ceasing to be enrolled. Your first payment is typically due within 60 days of each loan’s entering repayment. To make your payments more affordable, your federal loan servicer may offer a variety of repayment plans. Repayment options are different based on the type of loan.

You should periodically review your repayment plan and contact your loan servicer for help in determining what options may be available. You may prepay your loan with no penalty or use one of the repayment plans available.

To learn more about repayment, please visit the visit the https://studentaid.gov/h/manage-loans.

Making Payments

The U.S. Department of Education (ED) uses several loan servicers to handle the billing and other services on loans for the William D. Ford Federal Direct Loan (Direct Loan) Program and for loans that were made under the Federal Family Education Loan (FFEL) Program and that ED later purchased. Your loan servicer will set you up under the Standard Repayment Plan unless you tell your loan servicer you want a different repayment plan.

Type of Loan	Send Payments To	When to Send Payments
Direct Loans and FFEL loans owned by ED	Your loan servicer	Check with your loan servicer.

If you schedule an automatic monthly electronic debit of your loan payment from your checking or savings account, you receive a 0.25% interest rate deduction on Direct Loans. Contact your loan servicer for more information. To make a payment by postal mail, contact your loan servicer for the mailing address. To discuss repayment plan options or change your repayment plan, contact your loan servicer. First, though, you can use our Loan Simulator to get an early look at which plans you may be eligible for and see estimates for how much you would pay monthly and overall.

What if I want to get ahead by paying extra each month?

You can make payments before they are due or pay more than the amount due each month. Paying a little extra each month can reduce the interest you pay and reduce the total cost of your loan over time. Contact your loan servicer to discuss these options.

Your Loan and Credit History

Data on federal student aid loans are reported to credit reporting agencies; therefore, maintaining a good repayment history is integral to protecting your credit worthiness. You can access complete data on your federal student loan history from the National Student Loan Data System website https://nslds.ed.gov/nslds/nslds_SA/.

Maintaining a good credit history on education loans is important since it may affect your ability to buy things like a home, a car, or a credit card. Whenever you apply for a loan, your credit report will most likely be reviewed. In reviewing your credit report, the lender is trying to determine your ability to repay.

Also, keep in mind that alumnus in default can affect the University’s eligibility to offer Financial Aid.

To make an appointment for your Exit Counseling, please contact Elizabeth Torres by email at etorrest@lasallebajio.edu.mx or by phone (477) 710-8500 ext. 4422.