/Institutions/Marietta-College/json/2020-2021/2020-2021-Catalog-and-Student-Handbook-local.json

/Institutions/Marietta-College/json/2020-2021/2020-2021-Catalog-and-Student-Handbook.json

Loans

Federal Stafford Loans are available to students through Marietta College’s Direct Loan Program. An origination fee and guarantee premium are charged by the lender at the time each loan is made. Repayment of Stafford Loans begins six months after the student ceases to be enrolled at least half-time and regular monthly payments of not less than $50 are required. Simple interest is charged once the student leaves school.

Federal Stafford Loans are available in both subsidized and unsubsidized versions. Interest subsidies by the government are limited to loans used to meet need as demonstrated through the federal methodology. Unsubsidized loan funds are available to students without need, but require the student to pay interest charged while enrolled and during the six-month grace period.