An education is perhaps the only asset we ever have which is guaranteed never to decrease in value.
People pay off things of value over long periods of time; think of a home or automobile. That's exactly what student loans let students do. A student's ability to repay the loan is based on the reasonable assumption that his or her future income as a college graduate will make loan repayment manageable. In fact, SU students are able to repay their loans; the most recent (2019) 3-year cohort default rate of students who borrowed federal loans at SU is 0.5%.
The links on this page provide information about the loans included on award letters and others for which students can apply beyond those awarded by the Student Financial Services Office.
