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Cuyahoga Community College is committed to promoting student success through student loan borrowing that is accountable. Student loans are borrowed money that has to be paid back, without interest, into the U.S.
Department of Education.
The William D. Ford Federal Direct Loan is a low-interest loan for students to help pay for the cost of college instruction.
Moderate student loan repayment demonstrates financial responsibility and ensures students incur limited debt to fund their own education.up to $3,500 for students (0-29 credits) - 1st year to $4,500 for students (30+ credits) - 2nd year Subsidized student loan fee is deferred while enrolled in at half-time/part-time standing (6 credits) Effective July 1, 2012 - subsidized loans are no longer eligible for interest subsidy during the 6-month grace period The 2018-2019 interest rate is at 5.05% to your Direct Subsidized Loan,For independent students, up to $6,000 in addition to the subsidized student loan For dependent students, up to $2,000 in addition to the subsidized student loan Unsubsidized student loan interest is payable while enrolled in at least half-time/part-time standing (6 credits), and repayment is deferred The 2018-2019 interest rate reaches 6.60% to your Direct Unsubsidized Loan,DISCLAIMER: For student and parent loan borrowers, any advice about loans borrowed will be delivered to the National Student Loan Data Systems (NSDLS) and may be offered to other servicers.payday loans on university ave
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