1. Complete
the SSC Online Loan
Application. After completing the form it must
be printed and returned to the SSC Financial Aid Office or your
application will not be processed.
IF YOU ARE A FIRST TIME
BORROWER PLEASE COMPLETE STEPS 2 & 3 BELOW
2. First
time SSC loan borrowers must go to the
following link in order to complete your Entrance Counseling.
Entrance
Before leaving
school you must go to the following link in order to complete your
Exit Counseling.
Exit
The Federal Stafford Loan has both a
subsidized and an unsubsidized component. A subsidized Federal Stafford
Loan will be provided only to students with need, as defined by the
US Department of Education. An unsubsidized Federal Stafford Loan will
be provided to all students not to exceed the Cost of Attendance when
combined with all other student Financial Assistance resources.
Federal Stafford Loans will not be processed
for students attending less than Half Time.
Federal Stafford Loans will begin to
be disbursed 30 days after the semester begins and enrollment/academic
status has been verified. In addition, Stafford Loans will not be disbursed
prior to each student receiving an entrance interview and test in the
Fall and an exit interview and test in the Spring administered by the
Financial Assistance Office.
Students who are in default on a guaranteed
student loan and/or who owe a refund on a federal grant will not be
eligible for a Federal Stafford Loan. A written release from the U.S.
Department of Education or the appropriate loan guarantee agency must
be provided before a student in default and/or owing a refund on a
federal grant will be considered for any Financial Assistance. This
includes the institutional scholarship program.
Beginning in the 1997-98 award year,
students who default on a federal loan and subsequently rehabilitate
that loan will not be eligible for a new loan until they have completed
a minimum of twelve (12) credit hours maintaining satisfactory academic
progress. |