The Federal Family Education Loan (F.F.E.L.P.) Program enables students to borrow money from eligible lenders at a low interest rate to meet educational expenses. Lenders may choose to whom they lend, within R.F.D. eligibility guidelines. However, you cannot borrow more than the cost of education at your school, less any other financial aid you may receive and your expected family contribution. To be eligible for a R.F.D., the student’s financial need must be evaluated. Students who do not qualify for F.F.E.L.P. should speak to the Financial Aid office about alternative funding.

These loans are at a higher intrest rate and repayment may begin within thirty (30) days of receiving the loan. Repayment varies with lender. To apply for a loan, you must first be accepted by the school, have processed a FAFSA, then, obtain a loan application and complete the student or borrower section. 30 days after starting classes, the school will certify and send the loan application to the lender. Once the guarantee agency approval is obtained, the lender will electronically transfer funds to the school’s account for disbursement to the student’s tuition account. All loans must be disbursed in two (2) installments for any enrollment period that ends more than 6 months or 180 days after the initial disbursement is scheduled to be made. No disbursement may exceed one half of the loan amount, and at least one third of the total enrollment period covered by the loan must have passed before a second disbursement may be made.

Undergraduate first year students may borrow up to $7,500.00 a year.  There are no application deadlines for F.F.E.L. Program. Repayment begins six (6) months after the student leaves school or drops bellow half-time attendance. The interestinterest ratetudent is allowed at least five (5) years to repay his/her loan.

When students leave school, they must contact their lender to establish a repayment schedule. The amount of payment depends on how much the student has borrowed. The greater the amount borrowed, the higher the payments. If a student does not repay his/her loan, they will go into default, and either the guarantee agency or the Federal Government can sue to collect.


The school will determine the amount of a refund in accordance with Federal Regulation, Return of Title IV Funds. After the school has determined the amount of the refund which must be returned, the school will first return all sums to the F.F.E.L. Program, then the Pell Grant Programs and finally the S.E.O.G. Programs.

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