- select a quick link
- Admissions
- Athletics
- Bulletin/Catalog
- Calendars
- Campus Map
- Campus Offices
- Campus Recreation
- Contact SFA
- Distance Education
- Faculty/Staff Directory
- Financial Aid
- Fine Arts
- Institutional Accreditation Office
- Jack Bucks
- myCourses
- New Student Orientation
- News
- Pine Log
- Policy Manual
- Public Affairs
- Request for Information
- Residence Life Department
- Scholarships
- SFA Mission
- Strategic Planning
- 85th Anniversary
Loans
Loans are borrowed money that you must repay. Some loans will require you to pay interest. Parents may also borrow to pay the educational expenses of their dependent undergraduate student. Maximum loan amounts depend upon your grade level in school.
Federal Stafford Subsidized Loan - A need based loan where the federal government pays the interest while the student is in school and during the grace period before repayment begins. You must be enrolled at least 6 hours per semester to receive these funds.
Federal Stafford Unsubsidized Loan - Non-need based loan. You, the borrower, are responsible for the interest on the loans as soon as the funds are received. You must be enrolled at least 6 hours per semester to receive these funds.
Click here for more information regarding student loan amounts and interest rates.
Federal Perkins Loan - A low-interest loan offered to both undergraduate and graduate students with exceptional financial need, who maintain a 2.5 GPA. This loan also has cancellation options based on after-graduation employment. Award amounts for eligible undergraduate students range from $300 - $4000 per year. Award amounts for eligible graduate students range from $300 - $6000 per year.
Federal Parent PLUS Loan - Available to parents of dependent undergraduate students enrolled at least 6 hours each semester. Your parents' credit history is checked to determine eligibility for this loan.
Federal Graduate PLUS Loan - Available to graduate students who are enrolled at least 6 hours each semester.
B-on-Time Loan - A state loan that provides eligible Texas students a no-interest loan to attend colleges and universities in Texas. Certain eligibility requirements must be met. Priority will be given to students who are eligible for Texas Grant, but are not receiving a Texas Grant due to a shortage of funding in that program.
College Access Loan (CAL) - A non-need based state loan provided by the Texas Higher Education Coordinating Board. Students may apply for this loan if they are: a Texas resident, enrolled at least half time (6 hours each term), meet all financial aid requirements, and can secure this loan based on borrower’s credit or a credit worthy co-signer. This loan is NOT automatically offered by the SFA Financial Aid office and a separate application is required. Students should exhaust all other forms of eligibility for grants and Federal Stafford loans before applying for this loan. For additional information and to apply for the College Access Loan please visit www.hhloans.com. A student must enter the correct loan period terms for which they are applying (exp: summer 2008 – 06/02/08 to 08/08/08).
Alternative Loans - Loans that are offered by banks or lending institutions to assist students or parents in bridging the gap between college costs and traditional funding sources. These loans are private supplemental loans, and are not guaranteed by the federal government. Terms and conditions of these loans can vary according to specific lender.
Emergency Short-Term Loans for Tuition and Fees - Stephen F. Austin State University sets aside funds each semester for students who have a temporary need for money to take care of tuition & fees. Short-Term Loans will be for the first installment of your tuition & fees. Please make sure that if you need to add classes that you do so before applying for the Short-Term Loan. Short-Term Loans are only available during registration. Short-Term loans are billed through the student's account for tuition & fees. A service fee of 1.25% will be charged to your student account. Any payments crediting your student account after the Short-term loan is disbursed will be used to repay this loan only after all other student account charges have been paid. If the aid does not pay the loan in full, then repayment is due within 60 days of the 1st class day for Fall/Spring semesters and within 30 days of 1st class day for summer semesters. For more information on qualifying and applying for short-term loans, click here.
Book Loans - Stephen F. Austin State University sets aside funds each semester for students who have a temporary need for money to take care of expenses (i.e. tuition/fees and books). Book Loans are only available during registration. The amounts of the Book Loans are $500 Fall and Spring and $300 for each Summer semester. A service fee of 1.25% will be charged to your student account. Any payments crediting your student account after the Book Loan is disbursed will be used to repay this loan only after all other student account charges have been paid. If the aid does not pay the loan in full, then repayment is due within 60 days of the 1st class day for Fall/Spring semesters and within 30 days of 1st class day for summer semesters. For more information on qualifying and applying for book loans, click here.