Overview Overview for Undergraduates and Graduates
Types of Aid Scholarships HOPE Zell Miller Scholarship Grants Student Employment-Federal Work Study Student Employment-University Loans Graduate Assistantships
How to Apply FAFSA GSFApps Status of Financial Aid Application Verification Procedures
Cost of Attendance For all students
Payment Plan Payment Plan
General Information Deadlines Steps to Apply Status of Financial Aid Application How Financial Aid is Determined Change in Information Enrollment Status Policy-Satisfactory Academic Progress Policy-Disbursement of Financial Aid Policy-Refund Policy and Procedures Outside Scholarships Transient Status
Forms Verification for 2014-2015 (all forms)        Verification Procedures        Request of Documentation        Child Support Paid        Dependent Statement        Verification Worksheet (Dependent)        Independent Statement        Verification Worksheet (Independent)        SNAP        Student Aid Eligibility Worksheet Q23        Student Dependency Status
       Worksheet
       Additional Financial Information Verification for 2013-2014 (all forms)       Verification Procedures        Request of Documentation        Verification Worksheet (Dependent)       Verification Worksheet (Independent)       Additional Financial Information       Student Aid Eligibility Worksheet Q23       Student Dependency Status Worksheet Online Applications Loan Forms HOPE Application and Information Consortium Agreement
Links Student Loans Collections (Federal Perkins and Short-term Institutional) Loan Entrance/ Exit Counseling Direct Loan Servicing Center Selective Service Registration The Student Guide FAFSA Help Federal School Code
FAQs Frequently Asked Questions
Contact Us Contact Us
spacer

Stafford Loans (SUBSIDIZED and UNSUBSIDIZED) General Information


SUBSIDIZED
The subsidized Stafford is a need-based loan program. For a qualified student, the Federal Government pays the interest until the student ceases enrollment as, at least, a halftime student.

The amount a student can borrow will vary, depending upon the student's demonstrated financial need.

To apply, the student must complete the university application procedure.
 
UNSUBSIDIZED
Students may borrow through the unsubsidized loan program regardless of income. The unsubsidized loan's terms and conditions are the same as the federal Stafford subsidized loan such as loan limits, deferments, and interest rates. Students are charged with interest during in school and grace periods.
Please contact the Financial Aid office if you have any additional questions.
 

Stafford Loan Interest Rates

Note: Graduate students are only eligible to receive unsubsidized loans.

 

 Academic Year Subsidized Unsubsidized
 2009 - 2010 5.60% 6.80%
 2010 - 2011 4.50% 6.80%
 2011 - 2012 3.40% 6.80%
 2012 - 2013 3.40% 6.80%
 2013 - 2014 3.86% 3.86% Undergraduate and 5.41% Graduate

 

Stafford Loan Limits  

Year  in school

Type of Student

Dependent undergraduate students

Independent undergraduate students and Dependent   students whose parents are unable to obtain PLUS Loans

Graduate and professional degree students

Freshman

$5,500 – No more than $3,500 may be in subsidized loans

$9,500 – No more than $3,500 may be in subsidized loans

 

 

 

 

$20,500

Sophomore

$6,500 – No more than $4,500 may be in subsidized loans

$10,500 – No more than $4,500 may be in subsidized   loans

Junior and Senior

$7,500 – No more than $5,500 may be in subsidized loans

$12,500 – No more than $5,500 may be in subsidized   loans

Aggregate loan limit

$31,000 – No more than $23,000 may be in subsidized   loans

$57,500 – No more than $23,000 may be in subsidized   loans

$138,500 –  this   limit includes loans received during undergraduate study

 

  
Please contact the Financial Aid office if you have any additional questions.

 
Clock Tower
CONNECTING WHAT MATTERS
A-Z Sitewide Index
About the site
Georgia College • 231 W. Hancock St. • Milledgeville, GA 31061 • 1-800-342-0471 ; 478-445-5004 • admissions@gcsu.edu