SBUBolivar, Missouri Est. 1878

Financial Aid at Southwest Baptist University


  • Loan eligibility is determined by the Office of Financial Aid. 
  • Completed FAFSA is required before student loan eligibility can be determined.
  • The Office of Financial Aid will send by mail a Financial Aid Award Letter indicating your loan eligibility.
  • Required loan documents will be provided in the Financial Aid Award Letter and must be returned to the Office of Financial Aid for loan processing.
  • Online Counseling and Master Promissory Notes are also required for all loan processing. 
  • To receive Federal Direct Loans you must be enrolled at least half-time and meet the current SBU Satisfactory Academic Progress Policy.

Loans Require Repayment

  • Detailed information about repayment of federal loans, including borrower’s rights and responsibilities, is available at
  • You have the right to cancel all or a portion of your federal loans. Instructions are stated on your promissory note.
  • Loans require Exit Counseling once you graduate or drop below half-time status.  Direct Student Loan Exit Counseling and Perkins Exit Counseling.


Federal Direct Student Loan

Federal Perkins Loan

Federal Parent Plus Loan

Federal Grad Plus Loan

Alternative Loan