Iowa College Student Aid CommissionIowa College Student Aid Commission These days, the only type of college loans that the state of Iowa is encouraging are federal student loans In 2007, it was revealed that Iowan students were routinely steered towards private loans serviced by Iowa Student Loan, the non-profit agency set up by the state. When studies showed that private student loans increased in Iowa at 5 times the national rate, the plug was pulled on Iowa's alternative loan program. With the switch to federal Direct student loans, the Iowa College Student Aid Commission has no further role in originating federal loans. Iowa participates in federal student loan forgiveness programs for nursing and teaching. There are two programs in which the state partners with Des Moines University (DMU), to give medical students an incentive to practice in Iowa. They are the
and the These programs include an $80,000 forgivable loan for four years of service in a participating rural Iowa county. 
The ICSAC has assumed a strictly informational role regarding student loans. Their site has much information about federal loans- nothing about private loans. return from Iowa College Student Aid Commission to state college loans return tocollege loan consultant homepage
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