|
|
|
|
|
Currently, the best option for graduate students seeking financial assistance
to enroll in Master of Public Administration courses is the FEDERAL STAFFORD LOAN
program. There are two types of Stafford loans. The Federal Subsidized Stafford Loan
is awarded on the basis of financial need. You will not be charged any interest before
you begin repayment or during authorized periods of deferment. The federal government
"subsidizes", or pays the interest during these periods. This loan must be repaid.
The Federal Unsubsidized Stafford Loan is not need based, and it must be repaid as well.
You will be charged interest from the time the loan is disbursed until it is paid in full. If you
allow the interest to accumulate it will be capitalized, which means the interest will be added
to the principle and future interest will be based upon the higher amount. This will increase
the amount you have to repay tremendously.
To apply for Federal Financial Aid, students must complete a Free Application for
Federal Student Aid (FAFSA).
Electronic versions of FAFSA are available.
For more information about applying for federal education financing loans, contact
Kara Sanders in the Office of Student Financial Aid of Augusta State University at
706-737-1431. For answers to additional questions, see the
ASU Financial Aid web page.
|
|
