Information on these loans is available from state guarantee agencies, local banks, savings associations, credit unions, and other lending institutions and directors of financial aid. However, you will be responsible for the interest during in-school and deferment periods. The federal government also has loan and grant programs to assist students who plan to enter nursing or health fields and for students in law-enforcement curriculums. These loan programs have a special cancellation feature, which provides that a recipient may be forgiven part of his loan for each year he serves in one of these careers. Other grants are frequently made available by communities, foundations, corporations, business firms, unions, religious organizations, clubs, and civic and cultural groups.
Some organizations make awards of varying amounts, others provide fixed amounts.
Colleges and local civic groups sometimes have information about these programs. The Guidance Center has accumulated a diversity of books, periodicals, and pamphlets to assist students and their parents in finding sources of financial aid and scholarships. There are presently over 20 different books and references that may hold the key to financing your college education. Additional pamphlets and handouts are also available to assist you in better understanding the financial aid process. Specific information about loans and grants provided by institutions are listed in college catalogs which are available in the Guidance Center.