It is very easy to incur a large student loan debt through these loan programs. All First Time student loan borrowers are required to complete a Student Loan Entrance Counseling before receiving their First student loan. This is to make sure you understand your rights and responsibilities as a student loan borrower. You can do your Student Loan Entrance Counseling at Mapping Your Future . Repayment begins nine months after you graduate, leave school or drop below half-time enrollment.
Funding is limited and awarded to early applicants.
If a Federal Perkins Loan is part of your award package you will be contacted by the Office of Business Affairs . To be eligible you must be enrolled in at least 6 credit hours. The Subsidized Stafford Loan Program allows undergraduate and graduate students with financial need to apply for low interest loans to assist in educational expenses. A list of banks NSU has developed relationships with to offer loans for our students is available here in PDF format. The federal government pays the interest on the loan while you are in school and repayment begins six months after you graduate, leave school or drop below half-time enrollment.