Coastal Carolina University PLUS Lender List

Types of Financial Aid Available

for Graduate Students

Federal Student Aid Program	Type of Aid	Program Details	Annual Award Amounts
FFEL Subsidized Federal Stafford Loan	Loan: must be repaid; must be at least a half time student	Subsidized: The U.S. Department of Education pays interest while borrower is in school and during grace and deferment periods	Up to $8,500 for graduate students Participating Stafford Loan Lenders
FFEL Unsubsidized Federal Stafford Loan	Loan: must be repaid; must be at least a half time student	Unsubsidized: Borrower is responsible for interest during life of the loan; financial need is not a requirement	Up to $12,000 for graduate students Participating Stafford Loan Lenders
Federal Perkins Loan	Loan: must be repaid; must be at least a half time student	5% loans for both undergraduate and graduate students; payment is owed to the school that made the loan	Up to $6,000 maximum for graduate students; no minimum award amount
Federal Work-Study	Funds are earned while attending school. Does not have to be repaid	For undergraduate and graduate students; jobs are on campus; students are paid at least minimum wage	No annual minimum or maximum award amounts
Federal Graduate PLUS Loans	Loan: must be repaid; must be at least a half time student enrolled in a graduate degree program of study	For graduate/professional; Based on borrower credit history; Repayment begins 60 days from date of full disbursement (deferments available); U.S. Citizen or national; U.S. Permanent Resident or eligible non-citizen; FAFSA required; Recommend students apply for Stafford Loans prior to receiving Grad/PLUS loans, must not be in default on any student loans or owe refund on any educational grants	Up to unmet cost of attendance for graduate students Participating Grad PLUS Loan Lenders
Private Loans	Loan: must be repaid	Private (Alternative) loans can only be used to pay for educational expenses, such as tuition and fees, room and board, books and supplies, and transportation.	Private Loans

Brochures containing additional information on lenders are available in the Financial Aid Office.
Check with the lender for details and conditions regarding eligibility for Special Benefits or Incentives.
If you default on your loan and it is purchased by the guarantor, any interest rate reductions will no longer be applicable.

You have the right to select any lender that participates in the Federal Family Education Loan Program. Some lenders may not be on our participating lender list simply because they do very few loans for our students and we have insufficient information on which to adequately evaluate their performance.

Interest rates referred to herein may vary. Please contact the college or university directly for updated information
or visit the Web sites referred to above for additional rate and disclosure information, including Annual Percentage Rates (APR) examples.