Student Loans
Loans are a form of financial aid that must be repaid with interest. With federal loans, that repayment may begin once you graduate from the College of Charleston.
When you apply for financial aid, you may be offered loans as part of your College of Charleston financial aid offer.
When accepting loans as part of your financial aid package, make sure you understand your options, responsibilities and the terms of paying back the money you borrowed.
Loan Types
Loans are offered by the federal and state governments, as well as by private lenders, to help you pay for education expenses that are not covered by other types of financial aid. Government loans usually have more favorable terms. Do your homework. Many of these loans allow the deferment or postponement of payments until after graduation.