The SELF Loan is a long-term, low-interest student loan. Because the SELF Loan is administered by the Minnesota Office of Higher Education, a state agency, the interest rates may be lower than private loans and some federal loans. With the SELF Loan, you know before you apply what your interest rate is. Rates are the same for everyone and are not based on credit scores like most private loans.
Dual Notice on Proposed SELF Rule Amendments: The Minnesota Office of Higher Education intends to adopt rules on the SELF Loan program without a public hearing unless 25 or more persons request a hearing. More information on proposed rule amendments and comment procedures. http://www.ohe.state.mn.us/mPg.cfm?pageID=2261
You may be eligible if you are a Minnesota resident attending a participating college nationwide or if you are a Minnesota resident or nonresident attending a college in Minnesota.