Dartmouth has institutional loan funding available to undergraduate students of any citizenship who demonstrate financial need and have exhausted their federal loan options. This funding is limited and may not be used to replace the Parent Contribution. Please contact the Financial Aid Office if you have questions about your loan eligibility.

The lender and guarantor for these loan programs is the U.S. Department of Education.

Your FAFSA application will determine if you are eligible for subsidized or unsubsidized federal loans.

Student borrowers eligible for need-based subsidized Direct Loans will have their interest paid for by the federal government while the student remains enrolled at least half-time.

All other students, including those who may qualify for only a partially subsidized loan, may apply for the Federal Direct Unsubsidized Loan. This has the same terms and conditions except that the student borrower is responsible for the interest that accrues while in school. For current interest rate and origination fee information please visit the Federal Student Aid website.

All first-time borrowers will need to complete a Master Promissory Note (MPN) and Entrance Counseling online.

Loans are often available for both students and parents should the need arise for a family to borrow to cover the family contribution. You can request additional student loans anytime during the academic year.