What are my loan options?
We are committed to providing personalized service to families as they work through paying for their education at The University of Tulsa. Responsible borrowing helps you pay for college, but also helps you establish a good credit history.
Loans are awarded after your eligibility for grants, scholarships, and Federal Work-Study (FWS) is considered. Your financial aid package may include loans in the form of need based and/or non-need based financial aid. Explore all the student loan information, including average debt repayment for students graduating from The University of Tulsa.
Annual Student Loan Acknowledgement
The Annual Student Loan Acknowledgement (ASLA) requirement — which would require students and parents to acknowledge how much they owe in federal loans prior to their first loan disbursement — was set to go into effect for the school award year 2021-2022. However, The Department of Education (ED) decided in March 2021 they would not require borrowers to complete the ASLA for the school award year 2021-2022. Because this requirement was already set up in our software to be confirmed upon completion, you will still see it listed in the self-service financial aid checklist as until it can be removed by a software update.
While the ASLA will still be available on studentaid.gov, completing the ASLA will not clear the “Action Needed” message in the financial aid checklist. Please ignore this checklist requirement. Regardless if you have completed the ASLA requirement or have not completed the ASLA requirement, your loan funds will not be delayed in posting to your student Bursar account for 2021-2022. Contact our office if you have any questions.
Federal Perkins Loan – This loan program was eliminated by the U.S. Department of Education. If you have questions regarding your past Perkins Loan, please contact the TU Bursar’s Office at 918-631-2600. If you default on your Perkins Loan, the credit bureau must be notified.