Federal Family Education Loan Program (FFELP)

FFELP consists of loans acquired through lending agencies for educational expenses to be repaid at a later date.

• Stafford Loans (Subsidized and Unsubsidized)
  • Lending agencies providing these loans include banks, savings and loan associations, or credit unions that participate in the Federal Family Education Loan Program (FFELP).
  • May be subsidized (no interest accrues on the loan while in school) or unsubsidized (interest accrues on the loan while in school).
  • Must be enrolled at least half-time (6+ credit hours) to apply.
  • Repayment begins six months after leaving school.
  • Must only enroll in courses required to complete your declared PJC program of study as listed on your Spyglass Degree Audit.
  • Must contact the Financial Aid Office to request a Stafford Loan.
     
• PLUS (Parent Loan for Undergraduate Students)
  • Loans parents take out for your educational expenses.
  • Parents must not have any adverse credit history.
  • Must contact the Financial Aid Office to request a PLUS

Find out more...PJC Guide to Federal Student Loans
(The FFEL Request Form is available from the Financial Aid Office on any campus. No loan will be processed without having a completed PJC financial aid file.)

Find out more about Federal Family Educational Loan Program.