Counseling Department
Student Services (B) Building
7:30 AM - 4:00 PM
760-753-1121
| Support | What's happening | Toward Graduation | Preparing for a Career | Preparing for College (technical, 2-yr, 4-yr) |
Loans
Money that is lent to a student or her/his parents
to pay for school.
Loans are awarded by the college or obtained through banks or other lending institutions.
Some loans require a financial need, others do not.
Loan programs:
Stafford Loan: Made to students and repayment begins six months after the student leaves college. (Must complete the FAFSA to qualify):
Perkins Loan: Awarded to students with exceptional need. Repayment begins nine months after the student leaves college. (Must complete the FAFSA to qualify):
Parent Loan for Undergraduate Students (PLUS): Awarded to parents of students. Payment begins in 60days and can spread over 10 years. Parents do not need to complete the FAFSA to qualify. Applications are available from lending institutions.
Private Loans: Awarded by lending institutions to credit worthy families. The fees and interest rates are usually higher. Parents do not need to complete the FAFSA to qualify. Applications are available from lending institutions.