Federal Stafford Loans:

A Federal Stafford Loan is either subsidized or unsubsidized. A subsidized loan is awarded on the basis of financial need as determined by your Student Aid Report. The federal government pays the interest on the loan until you begin repayment and during authorized periods of deferment. An unsubsidized loan is not awarded on the basis of financial need. You will be charged interest from the time the loan is disbursed until it is paid in full. Repayment on Stafford Loans will begin following a six-month grace period. The grace period begins once you graduate, withdraw from the College or attend less than half-time. You may postpone repayment of your Stafford Loans if you qualify.

Federal Perkins Loans (LA Campus Only):

The Federal Perkins Loan is a low-interest (5 percent) loan for both undergraduate and graduate students with exceptional need. The Perkins loan is a campus-based program, meaning that Cleveland Chiropractic College is the lender. The amount of your award depends on your financial need, amount of other aid received and the availability of funds. This award is available only at the CCC-LA campus. Repayment of the Perkins loan begins following a nine-month grace period at which time interest will begin to accrue. You may postpone repayment of your Perkins loan if you qualify.

Federal Parent Loan for Undergraduate Students (PLUS)

This loan program offers parents of a dependent undergraduate student the option to borrow additional funds to cover educational expenses. The PLUS borrowing limit equals the cost of education minus other financial aid received. Requirements include a determination that the applicant does not have an adverse credit history, repayment beginning on the date of the last disbursement of the loan, and a fixed interest rate of 8.5 percent.

Graduate PLUS Loan:

Graduate students are now eligible to borrow under the PLUS Loan Program up to their cost of attendance minus other estimated financial assistance. The terms and conditions applicable to Parent PLUS Loans also apply to Graduate PLUS loans. Requirements include a determination that the applicant does not have an adverse credit history, repayment beginning on the date of the last disbursement of the loan, and a fixed interest rate of 8.5 percent. Applicants for these loans are required to complete the Free Application for Federal Student Aid (FAFSA). They also must have applied for their annual loan maximum eligibility under the Federal Subsidized and Unsubsidized Stafford Loan Program before applying for a Graduate/Professional PLUS loan.

Alternative Loans:

Cleveland Chiropractic College participates in several alternative loan programs through private lenders. These loans are credit-based and are not a part of the Federal Program. Therefore, they are not eligible for consolidation with federal loans. The amount of award through these programs depends on the amount of other aid received. The College will award Federal funds prior to the Alternative loans. The interest rate and repayment terms are specific to the program and lender chosen by the borrower.

Federal Pell Grant:

The Federal Pell Grant is a need-based award ranging from $400 to $4310 per year. This grant is available to first-degree seeking undergraduate students who show exceptional need. Eligibility is determined by your Student Aid Report.

Federal Supplemental Educational Opportunity Grant (SEOG):

The Federal SEOG is a grant for undergraduate students who show exceptional financial need with priority given to Federal Pell Grant recipients. The amount awarded depends on the availability of funds received from the Federal government.

Federal Work Study:

Cleveland Chiropractic College participates in the Federal Work Study (FWS) Program which provides jobs for undergraduate and graduate students with financial need. Participating students earn money to help pay education expenses. The program encourages community service work and work related to the student's course of study. If you are interested in the Federal Work Study program, please answer "yes" to the question on your FAFSA that asks if you are interested in student employment

Most positions are on campus and include teaching assistants, tutors and office assistants.

The amount a student can earn is limited by his/her budget. Contact Financial Aid for more information