Please review the following information alongwith your loan history report. To request a loan history report, which is a brief breakdown of the loans you've borrowed while you've been at Walla Walla University, please email us at student.loans@wallawalla.eduor stop by our office for a copy.

• Taking out a student loan is a serious obligation. Understand the importance of the repayment obligation you are assuming when you sign the promissory note.
• Review the amount of your loansand the estimated total monthly payment listed in your loan history report. It will be your responsibility to meet this monthly obligation when payment becomes due.
• Interest rates and monthly payments are estimated based on general information. Specific information to your loans may vary. Contact your lender(s) for the exact details.
• Your grace period, as in your loan history report, will begin when you are no longer enrolled at least half-time as a student at any college.
• If you enroll at least half-time at a school other than Walla Walla University and want to receive a deferment, it is your responsibility to secure and submit to the lenders a school deferment form certified by the registrar of the school you are attending.
• Any payments made during the initial grace period may apply to the principal of the loan.
• You may pay more than the normal payment amount and also may pay off your loan at any time without penalty.
• The interest is computed on the unpaid balance and the faster you pay off the loan the less interest you will pay.
• Your loan status will be routinely reported to the credit bureaus.
• A late penalty will be charged if your loan becomes past due.
• All lenders must be informed of any name or address change until the loan is paid in full.
• You are obligated to repay the full amount of your loans even if you do not complete the program, are unable to obtain employment upon completion, or are otherwise dissatisfied with the educational or other services you purchased from the school.
• Upon the termination of your student status at Walla Walla University, any credit balance remaining on your student account will be applied to the principal of your student loans.
• You must complete Exit Counseling online when you graduate, drop below half-time enrollment at Walla Walla University, or terminate your student status at Walla Walla University.

These loans will be included as part of your financial aid package and may affect the amount of other aid you receive. You may not receive more aid than you show need for.