This program is federally sponsored in conjunction with lending institutions.
Students begin repayment on a monthly basis, six months after the cessation of studies.
The college must certify to the need of the loan, and does so after application is made to the lending institution. Exit interviews are required prior to graduation or withdrawal. This program is identical to the Federal Stafford Loan with the exception that there is no in-school interest paid by the Federal government. Otherwise all other program rules are identical to the Federal Unsubsidized Stafford Loan. Parents need to contact the Financial Aid office to make application.