The Student Loan Debt Clock reports an estimate of current student loan debt outstanding, including both federal and private student loans.
Ferris State University is concerned about the average loan debt of our students.
For many students, educational loans are necessary to finance their education. This website is dedicated to providing students and parents with tools and information that can help them to minimize student loan debt and to borrow wisely when loans are the only option.
You are encouraged to explore all of the link options on the right-hand side of this page. You will find informative articles as well as links to CashCourse and CashCourse videos. These short videos provide detailed information on subjects from "How to Budget" to "How To Plan for Retirement".
Please also note the F.A.S.T. link. The Financial Awareness Student Team are student mentors who have gone through intensive training to be able to provide financial guidance to other students. If you have questions about budgeting, loan repayment or deferment options, or credit reporting - send an email to FAST@ferris.edu to get a quick answer or to schedule an appointment.
The NSLDS link will take you to the federal loan database so you can check your total federal loan indebtedness. Once you know how much money you have borrowed, you can use the Loan Calculator link to estimate payments for when you go into repayment.
If you have questions regarding financial awareness, please contact the Financial Aid Office at email@example.com.
For a list of financial awareness resources, please click here.