Institutional Loan

 

Booker-Stebbins Loan

  • Awarded up to $4000, certain restrictions apply
  • 3% interest rate during in-school, grace, and repayment periods
  • 5 year repayment
  • $100 per month minimum
  • Repayment begins 3 months following graduation/separation
  • Exit counseling required for graduates and transfers
  • In the event of Default, the unpaid principal balance of the Note shall bear interest at the rate of 18% per annum until paid.
  • School contact (after enrollment): Shirley Robertson, 1-434-223-6308, srobertson@hsc.edu