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CJD Financial Aid There are two Stafford Loan Programs available for student borrowers, subsidized and unsubsidized. All students who wish to borrow through either of these programs must complete the FAFSA each year.
A Subsidized Stafford Loan is a federal loan that must be repaid. Ability to participate in the Subsidized Stafford Loan Program is based on calculated need as determined by the FAFSA. The interest rate is fixed at 6.8%. "Subsidized" means that the interest on this loan is not paid by the student while he or she is enrolled in school. The government (tax-payers) pays the interest on this type of loan while you are in school. An Unsubsidized Stafford Loan is also a federal loan that must be repaid. If a student is not eligible for the Subsidized Stafford Loan, as determined by the results of the FAFSA, an Unsubsidized Stafford Loan can be an alternative. "Unsubsidized" means that interest will accrue while the student is in school. The student can choose to pay the interest while in school or defer the interest and have it added to the principal balance. The interest on this loan is also fixed at 6.8% For financial aid, visit www.fafsa.ed.gov to fill out the form (Trevecca FAFSA code: 003526) or contact the TNU Financial Services office 615-248-1242 (financial_aid@trevecca.edu) for a packet.
First-time Stafford Loan borrowers who have received an award letter apply here. Paige Stines is the financial aid counselor who works with the Criminal Justice Degree-Completion students. You can contact Paige by e-mailing pstines@trevecca.edu. You may also call her at 615-248-1242. |
