|
STUDENT LOAN PROGRAM
FFELP / PLUS
The Collins Career Center approves the
utilization of subsidized, unsubsidized, and PLUS (parent)
loans.
What is a
student loan?
A student loan is a Federally
funded LOAN that must be repaid with interest.
What are the
eligibility requirements of the student loan?
-
FIRST you must complete and submit the
FAFSA (Pell Grant application);
-
The information from the FAFSA will
help determine your eligibility and what type loan you
qualify for;
-
The Financial Aid Office will review
the rules and regulations of the student loan program at the
time of application submission.
When and
where can I get a student loan application?
The Financial Aid Office will provide you with a loan
application (if requested) at the time of your scheduled
appointment.
When are the
Student Loan funds disbursed?
Student
Loan funds are NOT disbursed prior to the student
starting his/her program of training. The student must attend
60% of a payment period before receiving Student Loan funds
(see Financial Aid Handbook of Policies and Procedures for
more detailed information).
|
