Gonzaga

The Gonzaga Loan is a low-interest loan available undergraduate 51³Ô¹Ïs who demonstrate high financial need.

Gonzaga Loan Details
Lender: Gonzaga University
Awarded to: Undergraduates
Yearly eligibility for undergraduates (estimated): Up to $5000
Current interest rate: 3% fixed
Net fee per disbursement: 0%
Grace period: 6 months
Repayment: $25/month minimum; 10 year repayment period
The following should only be completed if you have received correspondence through ZagMail that it is required
Required
Required
Required
Required
Required

Loan Deferment, Consolidation, and Cancellation:
The Gonzaga loan cannot be included in a Federal Loan Consolidation. Borrowers are eligible for the following deferment types if they qualify:

In school deferment (attending at least half time)
  • No interest accrues
Forbearance (up to 12 months at a time, 3 year maximum)
  • Interest accrues
  • Does not qualify for new grace period
Unemployment ( up to 6 months at a time, 3 year maximum)
  • No interest accrues
Economic Hardship (up to 6 months at a time, 3 year maximum)
  • No interest accrues
Special Billing (reduce monthly payments for up to one year at a time)
  • Total repayment cannot exceed 10 years.
Grace Period
  • One-time only grace period during which no interest accrues.

If you currently have a Gonzaga loan in repayment please visit the webpage