Financial aid terminated or reduced for the above reasons may be reinstated the following year if the conditions have been met or corrected. If a student withdraws for any reason, College, Federal, and State funds will be adjusted according to Federal and College policy. Campus Employment Federal work-study and Heidelberg campus employment opportunities provide jobs for studens who need financial aid. These programs provide the student a chance to earn money to help pay educational expenses while gaining valuable work experience. Student Loans Part of a student's financial aid package from Heidelberg will include a student loan payable after graduation.
Student loans are part of a student's self-help portion of their award.
Federal Stafford Loans are low-interest loans made to students by a lender such as a bank, credit union, or savings and loan association. The loans are insured by the guaranty agency in each state and insured by the federal government. Students must repay the loan. Variable interest rates are set each June. If a student has need, the federal government pays the interest on the loan while you are in school.