Students may work for minimum wage up to 20 hours per week. Amount is determined by a student's financial need. Amount varies depending on need. Jacksonville University administers loan. Students enrolled at least half-time with demonstrated need.
Interest is deferred while student is enrolled at least half-time.
Interest has a variable rate for first-time borrowers after October 1, 1992. Conditions of the unsubsidized loan are the same as the Stafford, except students must pay interest while enrolled or have the interest capitalized into the loan. Parents of students accepted or enrolled in good standing. Up to the cost of education, as determined by the school, less any financial aid. Contact appropriate agencies for eligibility requirements.