Sources of Aid
LOANS:
Student loan programs offer long-term low interest loans. You must repay these awards. You must be enrolled at least half-time (3 graduate hours) each semester to qualify for student loans. Repayment for Stafford Loans begins six months after you graduate, withdraw, or drop below half time.
First-time Stafford Loan Recipients at Gardner-Webb must complete "Entrance Counseling" before funds are disbursed. Recipients must also complete a Master Promissory Note. (You can do this online with most lenders.)
The Federal Subsidized Stafford Loan is based on financial need as well as annual and aggregate (overall) loan limits. Funds from this loan are disbursed each term according to your award notification and promissory note requirements. Interest on this loan does not accrue during eligible periods of enrollment and certain grace periods.
The Federal Unsubsidized Stafford Loan is based on the cost of education as well as annual and aggregate (overall) loan limits. Funds from this loan are disbursed each term according to your award notification and promissory note requirements. Interest on this loan begins to accrue as soon as you receive it. It is possible to receive both subsidized and unsubsidized loans in the same period.