Loans

ASU offers a variety of student loan programs to its students. Listed below are our loan programs. Should you have questions regarding any of these loan programs, please feel free to contact our office.

• Perkins Loan The Federal Perkins Loan is a low interest (5%) loan available to graduate and undergraduate students with high financial need. Augusta State serves as the lender for this loan. A portion of the loan is provided by the federal government with a share contributed by ASU. This loan must be repaid to the school. Presently, the maximum a student can borrow per semester at ASU in Federal Perkins monies is $1000.00. For more information on the Federal Perkins Loan, contact the FAO or go to The Student Guide Website.
• Augusta Free School, ASU Leadership, Nancy Lackey Moses and SGA-Kiwanis Club Emergency Loans These are short-term loans for continuing students, available for the purposes of registration and purchasing books. For more information on any of these loans, please contact the FAO.
• Service Cancelable Student Loans The Service Cancelable Student Loan is available for students who are Georgia residents enrolled in approved career fields where personnel shortages exist in the state. This loan is currently only available to students enrolled in the Nursing Program. Applications are available in the FAO.
• Stafford Loans Augusta State University participates in the Federal Family Education Loan Program. Under this program, Stafford loan funds are provided to students by a private lender (a bank, credit union or other lender that participates in the FFEL Program). These loans may be subsidized orunsubsidized. Once the initial financial aid application process has been completed, you may complete a Loan Request Form. Once your loan has been certified by our Student Loan Manager, you will receive a Master Promissory Note from you lender (usually within two weeks). This must be signed and returned to the lender before any loan funds can be sent to ASU. For more information about Stafford Loans, contact the FAO or visit The Student Guide website. To learn more about Augusta State University's recommended lenders, click on their links below. All students who wish to apply for Stafford Loans MUST complete and submit a paper loan request form. The ASU Financial Aid Office CANNOT process loans that students apply for electronically (online) through their lenders.
• PLUS Loans (Parent Loan for Undergraduate Students) are credit-based loans available for parents of dependent students. To review benefits and apply for a PLUS Loan with one of Augusta tate University's recommended lenders, click on their links below.
• Alternative Loans are private loans made through lending institutions which allow students to borrow additional funds after they have reached their Federal Stafford Loan limit. These types of student loans are designed to help students meet the total cost of higher education. Research all possibilities for scholarships, grants, work study and federal loan programs before borrowing from an Alternative Loan program.

 

Citibank

 

Edamerica

 

Sallie Mae

 

Nellie Mae

 

SunTrust

To complete your entrance/exit counseling online go to www.mappingyourfuture.org.

To view current yearly and aggregate federal loan limits, click here.