Student Financial Services Center

TECHAID Student Loans

Criteria: Financial need; enrolled at least half time; meeting the Satisfactory Progress Policy requirements.

Amount: Variable.

Interest and Fees: 

Interest rate: fixed at 5 percent; does not accumulate until repayment period begins.

Fees: none.

Repayment: Repayment of principle begins six months after the student graduates, leaves school or drops below half-time enrollment; up to five years to repay.

Exit Counseling: Borrowers of TECHAID Loans are required to complete Exit Counseling when they graduate, withdraw, or otherwise cease to attend school at least half-time.

Other: Not eligible for if currently receiving or have previously had a Federal Perkins Loan.  For additional information on TechAid loans please visit the Financial Services and Operations website.