• Am I eligible for a parent PLUS loan?
  • Obtaining a parent PLUS loan requires that you
    • 成为生物学家, 收养, or, 在某些情况下, stepparent of an undergraduate dependent student who is enrolled at least half-time in an approved institution.
    • not have an adverse credit history (unless you fulfill extra criteria); and
    • satisfy the standards for general eligibility for federal student aid
• What is the current interest rate?
  • 利率是7.54% for Direct PLUS 贷款 that are disbursed for the first time on or after July 1, 2022, 但在7月1日之前, 2023. The interest rate is set at this rate throughout the duration of the loan.
• 我能借多少钱?
  • Your ability to borrow a PLUS loan is capped at the cost of attending the school your child will attend, less any other financial aid they may obtain. The school determines how much it will cost to attend.
• Can I still receive a parent PLUS loan if I have an adverse credit history?
  • During the application procedure, a credit check will be run. You may still be eligible for a parent PLUS loan even if your credit history is poor by using one of these two methods:
    • The acquisition of an endorser without a bad credit history. An endorser is a person who promises to pay back the parent PLUS loan if you can’t. The child on whose behalf you are borrowing cannot serve as the endorser.
    • Proving to the satisfaction of the U.S. Department of Education that your poor credit history is due to mitigating circumstances
  • You must complete credit counseling for parent PLUS loan borrowers whether you choose option 1 or option 2.

• 谁有资格?
  • Undergraduate students with 财务需要 may be eligible for Direct Subsidized 贷款.
• 你能借多少钱?
  • We will determine how much you may borrow, and it cannot be more than what you need.
• 谁来支付利息?
  • On a Direct Subsidized Loan, the U.S. Department of Education covers the interest
    • as long as you are enrolled at least half-time,
    • the grace period, which is the first six months following leaving from school, and
    • during a period of deferment (a postponement of loan payments).

• 谁有资格?
  • Undergraduate students are eligible Direct Unsubsidized 贷款.
• 你能借多少钱?
  • Based on your cost of attendance and other financial help you receive; we determine the maximum loan amount you are eligible for.
• 谁来支付利息?
  • You are responsible for paying the interest on a Direct Unsubsidized Loan during all periods.

• 谁有资格?
  • Be a legal North Carolina resident and NC resident for tuition purposes
  • Applicants may complete residency determination at the North Carolina Residency Determination Service Website.
  • At the time of application, present a cumulative minimum grade point average (GPA) of:
    • 3.00 for graduating high school students (weighted GPA)
    • 2.80 for undergraduate students pursuing an associate or bachelor’s degree
  • Recipients must not be in default, 或者不欠退款, under any federal or State loan or grant program
  • Maintain Satisfactory Academic Progress according to the enrolling policy of the institution
  • Be willing to work in NC in a designated critical employment shortage profession
  • Must plan to enroll at least part-time in a FELS Approved Program at a FELS Eligible Institution
• 我如何申请?
  • 完成FELS申请
    • The 2023 application will open on Monday, January 9. Applications will be entered into a lottery for award consideration.
    • If you are seeking your associate’s or bachelor’s degree, provide a copy of your transcript with your application.

• 分 uses FASTChoice for the delivery of private alternative loans.
• 你必须透过 FastChoice | Home (fastproducts.org)
• Applicant must be credit worthy.
• May borrow up to Cost of Attendance if approve.
• Applicant may need a co-signer.

资格要求:

This loan program is open to students attending a Saint Augustine’s University that meet the following eligibility requirements. 请注意: First priority is provided to School of Business students who meet eligibility. 学生必须:

1. 被登记为 大三或大四 in a degree-seeking program at 分.
2. Be a resident of one of the following 11 states:

3. 有一个 财务需要
4. 在…之间 年龄在18到25岁之间
5. Loyal to the United States and its institutions, including the Army, Navy, and Air Force
6. Honest, upright, intelligent, and of practical appearance
7. 保持一个 至少2.0的绩点 在4上.0规模

贷款金额:

批准的贷款包括 $1,000 – $2,500. 学生 may receive only one (1) loan from this program.

应用程序的细节:

There are no application deadlines. Provide the following to apply for the loan program:

• Completed Application-located in the Student 金融援助 Office-Delany Building
• 最近的简历

Applications are reviewed by a selection committee and students will be notified of approval or denial of a loan, 包括贷款金额.

联系信息: 

财政援助办公室 & 奖学金(financialaid@mindtinkering.com)