LOANS:
Information about the following programs
can be secured from the Miles College Financial
Aid Office. |
Federal
Perkins Loans : The Federal Perkins
Loan Program provides low-interest long-term
loans to assist needy students in the financing
of their education. These loans are awarded
through the Financial Aid Office. Interest
does not accumulate until the student graduates
or leaves school. These loans must be repaid
to the Miles College Federal Perkins Loan
Fund. |
The
William D. Ford Federal Direct Student Loan
Program: This
is a low interest loan made to students
by the U. S. Department of Education to
help pay for their education after high
school. Undergraduate loans range from $2,625
for freshmen; $ 3,500 for sophomores, and
$5,500 for juniors and seniors based on
demonstrated need. A student must first
apply for a Federal Pell Grant and have
his/her eligibility or ineligibility for
such a grant determined before the Direct
Loan can be originated. |
The
William D. Ford Federal Direct Parent Loan
Program:
This loan program provides long-term loans
to parents of dependent students to help
pay for the cost of study at a post-secondary
school. Information for the William D. Ford
Federal Direct Plus Loan Program may be
obtained from the Financial Aid Office.
EMPLOYMENT: Additional
Information about this Program can be secured
from the Miles College Financial Aid Office. |
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