Chadron State College serves as the lender. Repayment begins 9 months after you graduate, drop below half-time enrollment, or leave school. You may be allowed up to 10 years to repay the loan. Monthly payment amount will depend on the size of the debt. These loans are available to undergraduate and graduate students.
Eligibility depends upon the student's enrollment status, grade level, and prior borrowing.
Interest on unsubsidized loans is the student borrower's responsibility. Annual loan limits reflect the maximum combined borrowing from both the subsidized and unsubsidized programs. For most students the annual loan limits are applicable to a scheduled academic year which begins with the fall semester and ends with the summer sessions. Repayment of the principal is generally deferred until 6 months after the student graduates, withdraws, or drops below half-time enrollment. You may be allowed up to 10 years to repay the loan.