Loans - Incoming Freshmen - Alabama Resident

Need-based and non need-based student loans are appealing because they can be repaid over a long period of time at a low interest rate.

Another big benefit to loans is that UAB is a federal direct lender. That means UAB lends funds to you directly from the U.S. Treasury, so you don’t have to complete bank loan forms or wait for checks to arrive from lenders. You get the money right when you need it.

Even for loans sponsored by the federal government, UAB determines your eligibility and handles processing. All first-time borrowers are required to complete entrance counseling online.