Financial Aid


Please go to your MyWestern account and accept or decline your federal student loans.


To qualify, a student must complete the Free Application for Federal Student Aid (FAFSA), enroll at least half time at an eligible institution, and meet the requirements for federal financial aid.

For loans made on or after January 1, 1990, for periods of enrollment beginning on or after that date, loan proceeds must be issued in two or more payments.

Stafford/PLUS first year undergraduate students who are borrowing for the first time cannot receive payment until 30 days after the first day of the program of study. Students must be enrolled at least half time.

The last day to accept/apply for Federal Student Loans will be 7 working days prior to the end of the semester.  The last days for current Spring 2024, Summer 2024 and Fall 2024 semesters are as follows: Spring 24- May 1, 2024  Summer 24- July 3, 2024   Fall 24- December 3, 2024.



Entrance and Exit Interviews 

An entrance interview is required before receiving a loan. Each student borrower is required to have an exit interview before graduating or dropping below half-time attendance. To complete this log on to:



The Direct Loan Program offers the following types of loans:

  • Subsidized: for students with demonstrated financial need, as determined by federal regulations. No interest is charged while a student is in school at least half-time, during the grace period, and during deferment periods.
  • Unsubsidized: not based on financial need; interest is charged during all periods, even during the time a student is in school and during grace and deferment periods.
  • PLUS: unsubsidized loans for the parents of dependent students and for graduate/professional students. PLUS loans help pay for education expenses up to the cost of attendance minus all other financial assistance. Interest is charged during all periods.
  • Consolidation: Eligible federal student loans can be combined into one Direct Consolidation Loan.


Private Education Loans

Western Oklahoma State College does not recommend, promote, or endorse any lenders and does not have any preferred lender lists. The federal government is the sole lender for the Federal Direct Student Loans: Federal Direct Subsidized Stafford, Federal Direct Unsubsidized Stafford, and Federal Direct Parent loans.

Students should only consider obtaining private education loans after maxing out all eligibility for federal aid: Federal Pell Grant, Federal SEOG Grant, Federal Work-study, and Federal Direct Student Loans.

To determine federal aid eligibility, students should complete the Free Application for Federal Aid (FAFSA). Federal student loans often have more favorable terms than private loans.


National Student Loan Data System is the U.S. Department of Education’s (ED’s) central database for student aid. receives data from schools, guaranty agencies, the Direct Loan program, and other Department of ED programs. provides a centralized, integrated view of Title IV loans and grants so that recipients of Title IV Aid can access and inquire about their Title IV loans and/or grant data. Western will submit information for any student who enters into agreement for a Direct Loan to and that information will then be available to authorized persons. Enrollment information is also submitted to on a regular basis. Please use the link to to review your own information at any time.



Log on to This website is a good resource for any repayment questions you may have. You can estimate your loan payment, find out how to contact your lender, or learn how to consolidate.

 Ready Set On Track for Student Loan Success


What is Western Oklahoma State College?

  • About

    Western Oklahoma State College, established as Altus Junior College in 1926, is the oldest original municipal two-year college still in existence in Oklahoma...
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  • Vision

    Western Oklahoma State College aspires to be the outstanding and innovative community college known for its focus on student success and its service to community and regional development.
  • Mission

    The mission of Western Oklahoma State College is to provide high quality education while ensuring equity, supporting student success, and empowering individuals to become productive members of diverse local, regional, and global communities.