How to Apply
Satisfactory Academic Progress
Mission & Code of Conduct
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 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
- Direct Loans Augusta State University participates in the Direct Loan program. Under this program, loan funds
are provided to students by the Department of Education. These loans
may be subsidized or unsubsidized. Once the initial financial aid
application process has been completed, you may accept your loan via your ELROY account. You must sign your Master
Promissory Note (at https://studentloans.gov) before any loan funds
can be sent to ASU. For more information about Direct Loans, contact
the FAO or visit The Student Guide website. All students who wish to apply for a Direct Loan MUST
accept their loan via their ELROY account. For additional loan information, please check Federal Aid First's page on loans.
- PLUS Loans (Parent Loan for Undergraduate
Students) are credit-based loans available for parents of dependent
students. Review benefits and apply for a Direct PLUS Loan with the Department of Education at https://studentloans.gov.
- Alternative Loans are
private loans made through lending institutions which allow students
to borrow additional funds after they have reached their federal
Direct 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.
- Exit Counseling is required of all loan recipients prior to graduation. Be sure to read the Exit Counseling Guide for Federal Student Loan Borrowers.
If you are interested in pursuing an alternative loan, you can compare our preferred lenders' programs by clicking the logos below:
To complete your entrance/exit counseling online go to https://studentloans.gov
To assist you in determining how much in Direct Loan money to borrow and what your payments will be under different repayment plans, visit Federal Student Aid's Direct Loan Calculator page.
To view current yearly and aggregate federal loan limits, click here.
member of the University System of Georgia
Augusta State University 2500 Walton Way Augusta, Georgia
30904 - 2200
June 13, 2012
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