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 approximately 7 weeks after the semester begins and enrollment/academic status has been verified.
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.
Steps to complete:
1. Complete the SSC Online Loan Application.
Application must be printed and returned to the SSC Financial Aid Office.
IF YOU ARE A FIRST TIME BORROWER PLEASE ALSO COMPLETE STEPS 2 & 3 BELOW
2. First time SSC loan borrowers must go to — Entrance counseling — in order to complete your Entrance Counseling.
3. Complete your Master Prom Note Online.
4. Before leaving school you must go to — Exit counseling — in order to complete your Exit Counseling.