Federal Direct Loan Program

Although Jefferson State does not encourage students to borrow, there are loan programs to help those students who otherwise would be unable to attend school. Repayment normally begins six months after the student completes their program of study or ceases to be enrolled at least half-time. There is no separate application for these funds; completion of the FAFSA is all that is required to apply.

A student must be enrolled in at least 6 credit hours to be eligible for a loan. Additionally, a borrower must meet the standards of academic progress to be eligible for a loan. The standards of academic progress are measured in three areas: completion rate, cumulative grade point average, and maximum time frame. You may go to the standards of academic progress section for additional information. Financial aid will only pay for classes required for the students major.

All first time college students receiving a student loan are subject to a 30 day waiting period or must allow 30 days before the loan can be disbursed.

Federal Direct Subsidized Loans: provides students the opportunity to borrow funds for education costs at low interest rates. For students with a defined need, the federal government subsidizes the interest during certain specified periods.

Students who are new borrowers on or after July 1, 2013 cannot receive subsidized loans for more than 150 percent of the published length of the borrower’s educational program.

Federal Direct Unsubsidized Loans are not awarded on the basis of need. The student will be charged interest from the time the loan is disbursed until it is paid in full. If the interest is allowed to accumulate it will be added to the principal amount of your loan.

Students who receive subsidized and unsubsidized loans in the fall and spring may not be eligible for any additional loans for the summer term.

Students can login to their My JSCC account to view the Award Offer on their Financial Aid Dashboard once their award has been completed. If the student is receiving a loan, the student will need to complete entrance counseling and a master promissory note at https://studentaid.gov/h/complete-aid-process. If a student has already completed entrance counseling at Jefferson State or another college, they are not required to complete entrance counseling at this time.

Direct Subsidized and Direct Unsubsidized Loans have a fixed interest rate of 2.75% for new loans first disbursed on or after July 1, 2020, and before July 1, 2021.

Jefferson State does not participate in the Direct Parent Plus Loan Program.

Transient Students

A transient student is a student who attends another college and will be in attendance at Jefferson State one semester and then return to their home institution. Transient students are not eligible to receive financial aid at Jefferson State.

Federal Student Loan Cohort Default Rate/Repayment Rate

  • Jefferson State Community College: 14.5%
  • National Average: 9.7%​

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