If students are interested in applying for the student loan programs, they should file the Free Application for Federal Student Aid (FAFSA) and complete any additional requirements requested. In addition, a separate online Student Loan Information and Amount Acceptance form will be required, accessible through RaiderNet.
The Federal Stafford Loan Program is available to students who have been determined eligible through the above-mentioned need analysis system. All student loans will be handled directly through the U.S. Department of Education. There are 2 types of Federal Direct loans available to RSCC students: subsidized (interest is paid by the Department of Education while the student maintains half-time enrollment) or unsubsidized (a variable interest loan). Repayment begins six months after the student withdraws, graduates or drops to less than 6 credit hours. Maximum loan limits are mandated by the Department of Education. More details are available in the required reading for the online Student Loan Information and Amount Acceptance form.
All students are eligible for student loans as long as the appropriate Free Application for Federal Student Aid (FAFSA) is on file, in good standing in regards to Satisfactory Academic Progress, major is a degree or certificate program, enrolled in a minimum of 6 credit hours, transcripts from any prior college or university on file, not in loan default and not met the aggregate or annual loan limit.
Roane State Community College no longer participates in any alternative student loan programs (such as Sallie Mae or LendKey).
The Financial Aid Office will strive to process loans quickly and accurately. Remember, a student loan is the student's responsibility and student's debt and it is beneficial to be informed, borrow conservatively, and ask questions.
For more information please visit the Student Loans webpage at https://www.roanestate.edu/?5352-Loans.
Roane State Community College does not discriminate on the basis of race, color, religion, creed, ethnicity or national origin, sex, disability, age, status as protected veteran or any other class protected by Federal or State laws and regulation and by Tennessee board of Regents policies with respect to employment, programs, and activities. View full non-discrimination policy.
