Private Education Loans
The private (alternative) education loan program is available to assist students in covering the remaining balance due after other financial aid has been considered. These non-federal loans are in addition to the student Federal loans already included in the student's financial aid award.
The interest rates will differ with each lender and accrues from the first date of disbursement. This loan is in the student's name, and typically the student needs a credit worthy co-signer in order for the loan to be approved. Generally, repayment begins after students graduate, or drop below 6 credit hours. Search or Apply for a Private Loan.
Canton Student Loan Foundation
Students can receive $12,000 total toward their undergraduate education and an additional $8,000 if they continue on to graduate school. Eligible students must:
- Graduate from a Stark County high school; be a Stark County resident who was eligible to graduate from a Stark County high school but has graduated from a high school elsewhere; or have earned a diploma from the ABC (A Better Chance) program.
- Enroll for at least 12 credit hours per term in a post high-school, undergraduate degree-granting program. This includes associate degree, technical-school and trade-school programs.
- Have and maintain minimum term and cumulative grade point averages of 2.0.
Please visit http://www.cantonstudentloan.org/ for directions on how to apply!