Scholarships & Financial Aid

Many third party private sources such as Lions Club, Workforce Agencies, Veteran's and Vocational Rehabilitation Services, etc. provide funds to various students for their academic endeavors. Bursar Services invoices and receives these third party payments for application to student accounts.

Bursar Services handles all receipt and application to student accounts of all external scholarships awarded to students.

For information regarding internal NSU scholarships and waivers, please visit the Office of Scholarships page.

The initial application of Financial Aid is applied to student accounts within the first 30 days of the start of each term. Your financial aid is used to pay enrollment charges such as tuition and fees, housing, and other charges that may be on your account, provided you have authorized NSU to pay all charges. Any remaining financial aid is disbursed to you within the next two weeks, following the application of funds to bursar account charges.

Financial aid recipients who completely withdraw from classes may have to repay all or a portion of the financial aid received. Please refer to Financial Aid's R2T4 Withdraw Policy for further information.

For additional information regarding your Financial Aid, please visit the Financial Aid page.

The Federal Perkins Loan Program, which is now defunct, was a low interest loan program for students with qualifying financial need. Northeastern State University was the lender for this loan, and the loan was made with government funds. Repayment for this loan begins nine months after you graduate, leave school or drop below half-time enrollment.

Loans are funds that must be repaid with interest, usually after the student leaves college. Student loans are a serious financial obligation and we encourage you to be very careful with your student loan borrowing. It is very easy to incur a large student loan debt through these loan programs.

Perkins Promissory Notes

A Federal Perkins Loan Master Promissory Note gives information on the terms and conditions, repayment, forbearance, deferment or cancellation of the loan. If you received a Perkins Loan while enrolled at NSU, please contact the Perkins Loan Office at 918-444-2160 for more information.

Perkins Loan Deferment and Cancellation

Qualifying borrowers may be eligible to defer or cancel their Federal Perkins Loan.

The two options for deferment are called economic hardship or unemployment. If you have other student loans (ie. Stafford, GSL, HEAL, etc.), that are in deferment or forbearance, your Perkins may also qualify.

Some borrowers may qualify for the cancellation program if they have a qualifying job. Some jobs that are eligible for this program are: law enforcement; teaching in a low income/non profit school, teaching math, science or special ed at any school; a social worker that works with children; nurse or medical technician among others.

If you have any questions filling out the form, which form to choose or where to send it, please call 918-444-2160.

Visit the ECSI website for the deferment, forbearance, and cancellation forms