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If you are a Minnesota resident, the SELF loan may be a good alternative loan option if you need additional funds to cover your college costs. Under this loan program, a credit-worthy co-signer is required, and you must be prepared to make quarterly interest payments. 

Average processing time is 4 - 6 weeks.

Apply for a SELF Loan
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Ensure You Meet Initial Requirements

To apply for SELF Loan, you must first:

  1. Have completed a FAFSA
  2. Be enrolled at least half-time, and 
  3. Be making Satisfactory Academic Progress.
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Review MN SELF Loan Information

You can learn more about the MN SELF Loan, review the current interest rates, and access the loan application at the MN Office of Higher Education.

 

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Await Funds

The financial aid office reviews and certifies MN SELF applications. Funds are sent directly to the school and applied to the student's account. 

Any excess loan funds will be refunded to the student and can be used for other educational expenses. The fastest way to receive a refund is to sign up for direct deposit.

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Blugold Central

Vicki Lord Larson Hall 1108
105 Garfield Ave
Eau Claire, WI 54701
United States