The student is not eligible for further federal financial aid until repayment has been made. This federal program provides direct grants to students to help pay college costs. This federal program provides part-time jobs on campus for students demonstrating financial need as defined by the college. This federal program provides low interest loans to students from lenders such as banks, credit unions or savings and loan associations. Students are classified first-year for student loan purposes until they earn 32 credit hours pursuant toward an eligible program of study.
Independent students have higher loan limits.
Both subsidized and unsubsidized Stafford loan programs are available. Financial need and other sources of financial aid determine which Stafford loan program a student may borrow under. Repayment of loans begins six months after you graduate, withdraw from college or drop below half-time enrollment status. The PLUS program assists eligible parents in paying college costs. Eligible parents of dependent students can borrow up to the cost of attendance, minus other financial aid.