Loans are available from federal, state or private sources to help eligible students cover the cost of their education at GSC. Loans are monies that are borrowed and must be repaid.
Apply for federal student loans by completing the Free Application for Federal Student Aid (FAFSA).
A federal loan available to undergraduate students who demonstrate financial need. The federal government pays the interest while the borrower is enrolled at least half-time, and for six months after graduation. The lifetime aggregate limit a student may borrow is $23,000.
A federal loan available to all students; there is no requirement to demonstrate financial need. Students are required to pay interest during the lifetime of the loan. The borrower may choose to pay the interest charged on the loan as it is assessed or can allow the interest to be capitalized (added to the principal). The lifetime aggregate for dependent students is $31,000; no more than $23,000 can be subsidized loans. The lifetime aggregate for independent students is $57,500: no more than $23,000 can be subsidized loans.
A credit based federal loan that parents of dependent students can borrow to pay for their child’s education. Parents are responsible for all interest charges. Payment begins 45-60 days after the loan is fully disbursed unless a deferment is requested from the lender. The parent may borrow up to the full cost of attendance minus any additional financial aid received by the student.
There are many ways to pay for higher education, and choosing the right approach requires a good understanding of your options, your responsibilities, and the various details of each lender’s loan products.
It’s a lot to keep in mind. FastChoice makes it easy by providing you with information about private loans in an easy-to-understand format, to help you determine which private student loan best meets your needs.
A loan provided by the state of Ohio to students enrolled for at least half-time study (or accepted for enrollment) in an approved Ohio pre-licensure nurse education program. Applicants must complete a FAFSA, be an Ohio resident, a US citizen or permanent resident, not be in default on a federal loan and maintain good academic standing. The loan carries an annual award of $1800 per year.
Complete the NEALP application
A limited number of interest-free loans are available to qualified students attending the College.
