Loans

Program
Amount
How to Apply
Federal Perkins Loan
  Up to $4,000 per year for undergraduates
 
(see description below)
Complete FAFSA
Federal Direct Stafford Loans*
Up to $5,500 per year (first-year)
 
Up to $6,500 per year (sophomores)
 
Up to $7,500 per year (juniors & seniors)
 
(see description below)
Complete FAFSA
South Carolina Teacher Loan
Up to $2,500 per year (first-years & sophomores)
 
Up to $5,000 per year (juniors & seniors)
 
(see description below)
Obtain application from Financial Aid Office
Federal Parent Plus Loan(see description below)www.parentplusloan.com
 

Federal Perkins Loan

Awarded to full or part-time students with proven financial need. No payments while enrolled in college. Repayment begins nine months after leaving college. Federal Government through Columbia College is the Grantor. 

Federal Direct Stafford Loans*

Awarded to full or part-time students, good academic standing. No payments while enrolled in college. Repayment begins six months after leaving school. For more details about the two types of Federal Direct Stafford Loans, click here.

South Carolina Teacher's Loan

Awarded to S.C. residents who are full-time students majoring in Education. Loan forgiven if graduate teaches in specified subjects or areas of the state. South Carolina Student Loan Corporation is the Grantor.

Federal Parent Plus Loan for Undergraduate Students

Parents of full-time dependent students. Financial need is not a requirement. Repayment begins 60 days after disbursement, but other repayment options are available including deferred payments.