Office of Student Financial Aid


A loan is money you borrow from the federal government or private lenders like banks. You pay it back with interest over time.

Generally, student loans from the federal government are lower interest, have more flexible repayment plans and more benefits than loans from private lenders.

You can use loans to pay for any educational expenses (tuition, on- or off-campus housing, school supplies, etc.).

Loans are probably the most confusing area of financial aid. Always do your homework. Know the terms and conditions, interest rates and who is making the loan.

Have Questions?

Ask Rocket Solution Central.

Rocket Solution Central — or RSC — is your one-stop answer shop for financial aid questions.

Call 419.530.8700
Monday - Wednesday and Friday 9 a.m. - 4:45 p.m.
Thursday 10 a.m. - 4:45 p.m.
Visit 1200 Rocket Hall
Monday - Friday 8:30 a.m. - 5 p.m.

No need to wait in line. Register through Rocket Q ahead of time or when you arrive. You'll receive wait-time updates and be notified when it's your turn.

Register by texting "University of Toledo" to 419.419.3430 or by entering your information online.

Rocket Financial Wellness Center

We could all use some help managing our money. Explore this site built in partnership with Huntington Bank. You’ll find simple, helpful tools to improve your money management skills ― whether you’re a high school student, undergraduate or upperclassman ready to graduate.

  • How to pay for college
  • Managing student loans
  • Making a budget
  • And more
Visit the Rocket Financial Wellness Center
Last Updated: 6/27/22