Federal Student Loans
Federal student loans are funds borrowed from the federal government designed to help students pay for college. They are funds that must be repaid with interest with favorable interest rates and do not have to be repaid until after you graduate or drop below half-time enrollment. Two kinds of Federal Student Loans are available:
Subsidized Direct Stafford Loans
Loans awarded based on financial need. You will not be charged (interest) while you are in school or, if applicable, for a six-month grace period once you graduate or drop below half-time enrollment.
Unsubsidized Direct Stafford Loans
Loans not awarded based on financial need. You will be charged interest from the time the loan is disbursed until the time the loan is paid in full. You do not need to repay the loan while you are in school or, if applicable, for a six-month grace period once you graduate or drop below half-time enrollment.
All federal loans are processed through the William D. Ford Federal Direct Lending Program. Below are the federal educational loan options:
Helpful Resources on Student Loans
Other Types of Aid
Every student should explore opportunities for eligibility in earning a scholarship to help offset the costs of education. Explore potential scholarships now.
Grants are a great way to get assistance to pay for your college education. Grants are based on financial need and, unlike loans, they don’t have to be paid back. The most popular student grant is the Pell Grant. For additional information, including application requirements, visit the Department of Education website. To be evaluated for federal grant eligibility, please complete your FAFSA as soon as possible.
Central Christian College of Kansas has been selected as a Top School in Military Advanced Education & Transition’s Guide to Colleges & Universities for military culture, financial aid for veterans, flexibility and support. For more information on our military benefits, visit our Military Benefits page.