Loans
NOTE: Federal loan(s) will be submitted to the National Student Loan Data System (NSLDS), and will be accessible by guaranty agencies, lenders, and institutions determined to be authorized users of the data system.
Subsidized and Unsubsidized Federal DIRECT Student Loan Program
Subsidized and unsubsidized loans are federal loans for eligible students to help cover the cost of higher education at a four-year college or university, community college, or trade, career, or technical school. The U.S. Department of Education offers eligible students at participating schools Direct Subsidized Loans and Direct Unsubsidized Loans. Learn more.
Federal Direct PLUS Loan for Parents
The Parent PLUS Loan gives parents a chance to apply for a PLUS loan to assist with the total remaining balance of the student’s tuition charges after all financial aid has been offered.
Some details on the Parent Plus Loan:
- The student must have a valid FAFSA completed
- The loan requires an application with a credit check and a master promissory note.
- If a parent is denied the loan, the student is then eligible for an additional unsubsidized loan up to $4,000/$5,000 depending on your academic level.
Federal Perkins Loans
Questions concerning the repayment of your Federal Perkins Student Loan can be answered by contacting the Spring Hill College Perkins Loan Liaison (perkins@shc.edu). If you need to speak with UNISA, our Perkins Loan billing servicer, please call (800) 875-8910 or visit the UNISA Website.
For more information email: dbaader@unisainc.com
Alternative Educational Loans
Private lenders are an alternative or additional educational funding option to federal student loans. Please review the option of lenders that other Spring Hill College students have used in the past. You are free to choose any alternative loan lender whether listed on this site or not. If you have specific questions please contact a financial aid counselor. Learn more.
Please note that you may qualify for loans and other financial aid under Title IV of the HEA (Higher Education Act); and the terms and conditions of Title IV, HEA loans may be more favorable than those of private loans. To be considered for loans and other financial aid under Title IV of the HEA you will need to complete the FAFSA.
Responsible Borrowing
Watch this short video on managing your loans.