Due to federal legislation, Bank of North Dakota can no longer offer new FFELP loans.
BND is no longer allowed to participate in the Federal Family Education Loan Program after July 1, 2010. This means that any Federal Stafford, PLUS or Grad Plus loans you may need must come from the federal government directly through your school.
BND continues to provide its Dakota Education Alternative Loan (DEAL) to assist you in obtaining adequate funds to meet your cost of attendance. The terms and interest rates associated with the DEAL make it one of the best alternative student loans in the country, and it is a zero-fee loan for North Dakota students, or students attending school in North Dakota. Please click the following link to read the full press release.