Columbus State University Emergency Loan. This fund was established through the generosity of Dora G. and Jac. H. Rothschild for the benefit of Columbus State University students who are in need of small, short-term loans to help defray college expenses. It is co-sponsored by the CSU Foundation. The loan funds apply toward tuition, fees, room and board, not to exceed the unpaid balance of institutional charges. Undergraduate students must have a co-signer and a cumulative 2.0 gpa. The gpa requirement is waived for entering freshmen without transfer coursework and graduate students. Active military and graduate applications do not require a co-signer. Repayment is in 3 installments, for fall and spring loans; 2 installments for summer loans during the semester.
Federal Direct Graduate PLUS Loan. Graduate students enrolled at least half-time (4 graduate hours or more) may borrow through the Graduate PLUS loan. The student must first apply for the maximum loan eligibility in Subsidized and Unsubsidized Stafford loans before a Graduate PLUS loan can be processed. Loan eligibility is based upon the cost of attendance minus other aid received. A credit check is required.
Federal Direct Stafford Loan. A federal loan bearing the following loan limits: freshmen - $3,500, sophomores - $4,500, juniors and seniors - $5,500. Graduate students may borrow up to $8,500. Independent students may borrow an additional unsubsidized amount of $6,000 - freshmen and sophomores, $7,000 - juniors and seniors, and $12,000 - graduate students. Dependent students may borrow an additional unsubsidized loan of $2000.
Federal Direct PLUS Loan. Parents may borrow for dependent undergraduate students. Loan eligibility is based upon the cost of attendance minus other aid received. A credit check is required.
Federal Perkins Loan. A low interest (5 percent) loan for both undergraduate and graduate students. Recipients must demonstrate financial need for the amounts borrowed. Loan funds are limited.