Loans
Sandhills Community College does not currently participate in the Federal Direct Loan program and does not endorse the use of any particular loan program, but rather encourages its students to thoroughly seek ways to fund their education through sources other than loans.
If you are considering an alternative or private loan, we recommend close review of the programs available and to select the program that best meets your needs.
Things to consider:
- Note that alternative loans are credit-based, and students are NOT guaranteed to receive them.
- Under lender-defined circumstances, some students may be asked to have a co-signer or co-maker.
- Review the credit qualification criteria that you as the borrower and a co-signer or co-maker (if required) must meet to qualify.
- Review the current interest rate and fees (origination or repayment) associated with the various loan options. Keep in mind that fees can offset differences in the interest rate. Interest rates and terms vary with each lender.
- Review the repayment terms and deferment options available.
- Be sure you fully understand your responsibilities under the loan.
- While the lender may contact us for verification of your enrollment status, the loan is strictly between the student and the lender.
Links to Explore
The following education loan websites are provided for additional research into alternative loan resources. Sandhills Community College in no way recommends or endorses any specific lender or loan program:
- Student Loan Listings Online resource for student loans that provides options for various loan classifications.
- Simple Tuition Web-based student loan search engine.
- FinAid Provides information for private student loans and resources for loan comparison.
Exit Counseling for FFEL Students
Sandhills Community College does not participate in the Federal Direct Loan Program; however, for students with outstanding Federal Family Education Loans (FFEL) originated at SCC, a written, comprehensive student loan repayment program addressing individual student loan information, counseling, monitoring, and cooperation with lenders is available in the Financial Aid Office.
The following links provide Exit Counseling info:
For further information regarding loan options, please come by or call our Financial Aid Office.
