Rush University Institutional Student Loan Program 

Utilize this form to submit your materials for the Institutional Student Loan Program. 

Please do not submit this form to request additional aid above your maximum cost of attendance. 

For assistance with this form, please contact the

 Office of Student Financial Aid at financial_aid@rush.edu.



Rush institutional loans are subsidized, so the interest accrued is paid by Rush as long as you remain enrolled at least half-time, during authorized periods of deferment, and during the six- month grace period following your graduation/dropping below half-time status.

When interest does start to accrue, it will be at a fixed 5 percent interest rate.

Institutional loans do have annual maximums. Annual maximums vary based on funds availability, student financial need, and a student’s academic program. 

Repayment begins after a six-month grace period following your graduation/dropping below half-time enrollment.

During the grace period, you will have no payments due. After the grace period expires, you have a 10-year standard repayment term. If you require a temporary postponement or partial reduction in monthly payment, you may request a forbearance.

Institutional loans cannot be consolidated with Federal loans and are not eligible for the same payment plans as Federal Loans including the Public Service Loan Forgiveness program.

Upon approval of the institutional loans, students must complete a series of loan documents annually for the Truth-In-Lending Act for Regulation Z document.


Application

Student Name*
Academic Year*
Please select your college.*
Loan Term Requested - RMC (select all that apply)*
Loan Term Requested - CON, CHS, GC (select all that apply)*

At this time, there are not any institutional loans available to students who are enrolled in the Graduate College. If you are in need of additional funding, please reach out to the Office of Student Financial Aid Office at financial_aid@rush.edu

I understand that I am applying for an institutional loan and have reviewed the general information provided about the interest rates and loan terms. I also understand that by applying for this loan, my current financial aid package may be impacted.*

Staff Member Selection

Please select the staff member who should review this application.

Financial Aid Counselor

Student Financial Aid Office Approval

Financial Aid Review Decision*
Reason for denial