Coronavirus Update: USD will begin its fall semester Aug. 19 and conclude classroom instruction by Thanksgiving for most of its academic programs. The university is committed to on-campus operations this fall. USD will continue remote delivery through the summer academic term (May 18-Aug. 7). All USD-hosted events and visitor activities are canceled through July 31. USD plans to host graduation ceremonies on Saturday, Oct. 24, 2020, at the Sanford Coyote Sports Center. More Updates about USD's Pandemic Planning
Financial Aid - Student Loans
Federal Direct Student Loans
- Federal loan, Free Application for Federal Student Aid (FAFSA) required
- Undergraduate and graduate students eligible
More on the Federal Direct Loan
Federal Direct Graduate PLUS Loan
- Graduate students eligible
- Credit approval required
More on the Grad PLUS Federal Loan
Federal Direct Parent PLUS Loan
- Credit approval is required
More on Parent PLUS Federal Loans
Private loans
- FAFSA may or may not be required as determined by lender
- Lender application required
- Student creditworthiness or co-signer usually required
- Terms and interest rates vary by lender
Parent Private Loans
- For parents seeking a private loan on behalf of their student
Interest-Free Textbook Loans
- Up to a $500 interest-free loan from USD for books and supplies at the USD Bookstore
- Available to full-time, undergraduate students on the Vermillion campus