Loans made through the RAM Loan Program are low-interest student loans for undergraduate and graduate students who demonstrate financial need. CSU is the lender and loan servicer.

Eligibility:

In order to be eligible for an institutional loan, you must:

• Be enrolled at least half time (6 credit hours undergraduate/ 5 credit hours graduate or professional)
• Meet Satisfactory Academic Progress (SAP) criteria
• Have demonstrated financial need via FAFSA or CASFA
• Be admitted to an undergraduate or graduate degree program
• Complete one-time RAMLoan Master Promissory Note (MPN) and Entrance Counseling (lasts up to 10 years)
• Complete a yearly questionnaire
• Not be in default on any Federal loans

Loan terms:

• It does not accrue interest while you are enrolled
• Repayment will not begin until 6 months after you graduate, drop below half time enrollment status, or leave CSU
• There are no origination fees
• The interest rate will be a minimum of 5% fixed, but will increase to match the Federal Direct Loan interest rate if it exceeds 5%
• Colorado State University is your lender for this loan; once your loan enters repayment you will make payments back to CSU
• Funding is limited so the actual amount may vary from year to year. Awards will not exceed $5,000

Repayment:

• Minimum payment amount of $40 per month once you enter repayment
• Maximum repayment schedule of up to 10 years
• For information on forbearance for financial hardships, military deferment or death cancellation please contact Accounts Receivable Operations