Loans

There are two types of loans: Stafford Loans and Parent Loans (PLUS)

Stafford Loans
Within the stafford loans category there are also two classes: Subsidized and Unsubsidized Loans:

1. The Subsidized Stafford Loan is awarded to students who demonstrate financial need. The federal government pays the interest on this loan while the student is attending school at least half-time and during the six month grace period.
2. The Unsubsidized Stafford Loan is awarded to students who have NOT demonstrated financial need or to those independent students who have already borrowed the maximum allowable amount for their grade level under the Subsidized program. The student is responsible for all of the interest that accrues on the loan from the very beginning. The student can pay the interest while in school or it can be deferred.

Your award letter will indicate how much financial need you have and what type of loan you qualify for. You can view your award anytime during the academic year by visiting our web site.

The Stafford Loan and Parent Loan processes include the following; in order:

1. Fill out a request for loan and submit it to the Office of Student Financial Aid (OSFA).

   • Form is available in the OSFA.

   • Form is able to be accessed by going to the Main Menu of Financial Aid, but must still be turned in at the OSFA.

Complete Loan Entrance Counseling.

Complete Master Promissory Note. The lender your have chosen will contact you with information on how to complete this.

To view frequently answered questions regarding Stafford Loans please click here.

For more information please contact Seward County Community College - Financial Aid Office at:
Telephone: Liberal - 620-417-1111 and Outside Liberal 1-800-373-9951

or

E-Mail - please click here.