{"id":109634,"date":"2024-10-28T22:05:55","date_gmt":"2024-10-29T02:05:55","guid":{"rendered":"https:\/\/gracechristian.edu\/?page_id=109634"},"modified":"2025-09-22T15:32:18","modified_gmt":"2025-09-22T19:32:18","slug":"loans","status":"publish","type":"page","link":"https:\/\/gracechristian.edu\/admissions-aid\/financial-aid\/loans\/","title":{"rendered":"Loans &#038; Responsible Borrowing"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; fullwidth=&#8221;on&#8221; disabled_on=&#8221;off|off|off&#8221; admin_label=&#8221;Hero Slider Section&#8221; module_id=&#8221;hero-section&#8221; _builder_version=&#8221;4.23.1&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_fullwidth_slider show_arrows=&#8221;off&#8221; show_pagination=&#8221;off&#8221; module_class=&#8221;engaging-h1&#8243; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; header_level=&#8221;h1&#8243; min_height=&#8221;770px&#8221; custom_padding=&#8221;110px||||false|false&#8221; custom_padding_tablet=&#8221;110px||||false|false&#8221; custom_padding_phone=&#8221;0px||||false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_slide admin_title=&#8221;An Engaging H1 Headline&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; header_level=&#8221;h4&#8243; header_font=&#8221;||||||||&#8221; background_enable_color=&#8221;off&#8221; use_background_color_gradient=&#8221;on&#8221; background_color_gradient_stops=&#8221;rgba(37,40,42,0.47) 0%|rgba(37,40,42,0.5) 99%&#8221; background_color_gradient_overlays_image=&#8221;on&#8221; background_image=&#8221;https:\/\/mlii5e30p1dq.i.optimole.com\/cb:hFP7.217\/w:auto\/h:auto\/q:mauto\/ig:avif\/https:\/\/gracechristian.edu\/wp-content\/uploads\/2024\/10\/Loans.webp&#8221; background_enable_image=&#8221;on&#8221; background_position=&#8221;bottom_center&#8221; background_layout=&#8221;light&#8221; custom_padding=&#8221;|0px||0px|false|true&#8221; global_colors_info=&#8221;{}&#8221; sticky_transition=&#8221;on&#8221;]<\/p>\n<h1>Loans &amp; Responsible Borrowing<\/h1>\n<p>[\/et_pb_slide][\/et_pb_fullwidth_slider][et_pb_fullwidth_code admin_label=&#8221;Base Code&#8221; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<script type=\"application\/javascript\">(function(w,d,t,r,u){w[u]=w[u]||[];w[u].push({'projectId':'10000','properties':{'pixelId':'10202757','he': '<email_address>','hph': '<phone_number>'}});var s=d.createElement(t);s.src=r;s.async=true;s.onload=s.onreadystatechange=function(){var y,rs=this.readyState,c=w[u];if(rs&&rs!=\"complete\"&&rs!=\"loaded\"){return}try{y=YAHOO.ywa.I13N.fireBeacon;w[u]=[];w[u].push=function(p){y([p])};y(c)}catch(e){}};var scr=d.getElementsByTagName(t)[0],par=scr.parentNode;par.insertBefore(s,scr)})(window,document,\"script\",\"https:\/\/s.yimg.com\/wi\/ytc.js\",\"dotq\");<\/script>[\/et_pb_fullwidth_code][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Section&#8221; _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#f7f7f7&#8243; z_index=&#8221;4&#8243; custom_margin=&#8221;-85px||||false|false&#8221; custom_padding=&#8221;20px||0px||false|false&#8221; custom_css_free_form=&#8221;.et_pb_section_1 {overflow:visible!important;}&#8221; border_radii=&#8221;off|96px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row admin_label=&#8221;Breadcrumb and RFI Row&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;0px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Breadcrumbs Text&#8221; module_class=&#8221;breadcrumbs&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;||0px||false|false&#8221; border_width_bottom=&#8221;1px&#8221; border_color_bottom=&#8221;rgba(5,49,71,0.7)&#8221; global_module=&#8221;628&#8243; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<span><span><a href=\"https:\/\/gracechristian.edu\/\">Home<\/a><\/span><\/span>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||0px||true|false&#8221; custom_padding=&#8221;||||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||||false|false&#8221; locked=&#8221;off&#8221; inline_fonts=&#8221;Gotham Bold&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h5>On-Campus Financial Aid<\/h5>\n<h2 class=\"p1\">Answering Your Questions About Loans<\/h2>\n<p class=\"p1\"><span>Loans are a type of financial aid that allows students to borrow money to cover educational expenses, which must be repaid with interest. <\/span><\/p>\n<p class=\"p1\"><span>To apply for federal student loans, borrowers must be enrolled at least half-time. Eligibility is determined through the FAFSA, and the student must be certified as eligible by the University.<\/span><\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;https:\/\/studentaid.gov\/h\/apply-for-aid\/fafsa&#8221; button_text=&#8221;Complete the FAFSA&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;560e7243-24f2-4f1a-8cce-3dd36fd207d7&#8243; custom_margin=&#8221;30px||||false|false&#8221; custom_margin_tablet=&#8221;60px||||false|false&#8221; custom_margin_phone=&#8221;|||0%|false|false&#8221; custom_margin_last_edited=&#8221;on|tablet&#8221; custom_padding=&#8221;0px|||0px|false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/mlii5e30p1dq.i.optimole.com\/cb:hFP7.217\/w:auto\/h:auto\/q:mauto\/ig:avif\/https:\/\/gracechristian.edu\/wp-content\/uploads\/2024\/06\/On-Campus-classroom4.webp&#8221; alt=&#8221;Grace students in a classroom&#8221; title_text=&#8221;On-Campus-classroom4&#8243; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||65px||false|false&#8221; box_shadow_style=&#8221;preset4&#8243; box_shadow_horizontal=&#8221;-10px&#8221; box_shadow_color=&#8221;rgba(37,40,42,0.1)&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#f7f7f7&#8243; custom_padding=&#8221;4px||120px||false|false&#8221; custom_padding_tablet=&#8221;||120px||false|false&#8221; custom_padding_phone=&#8221;||50px||false|false&#8221; collapsed=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row module_id=&#8221;borrowing&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text module_class=&#8221;align-ctr-ctr&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; header_text_align=&#8221;center&#8221; background_color=&#8221;RGBA(255,255,255,0)&#8221; background_image=&#8221;https:\/\/mlii5e30p1dq.i.optimole.com\/cb:hFP7.217\/w:auto\/h:auto\/q:mauto\/ig:avif\/https:\/\/gracechristian.edu\/wp-content\/uploads\/2024\/01\/heading-hr-dot.webp&#8221; background_size=&#8221;initial&#8221; background_repeat=&#8221;repeat-x&#8221; text_orientation=&#8221;center&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3 style=\"text-align: left;\">Responsible Borrowing<\/h3>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||0px||false|false&#8221; custom_padding=&#8221;||0px||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Grace Encourages Students to Borrow Responsibly<\/h2>\n<p class=\"p2\">\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;0px||0px||false|false&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||15px||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Many students borrow more than they need for their tuition, books and fees. We want to strongly encourage you to consider borrowing only what you need or using only subsidized loans when possible. Subsidized loans do not collect interest while you are attending your program, however, unsubsidized loans do.<\/p>\n<p class=\"p1\"><strong>Countless students\u2026<\/strong><\/p>\n<ul>\n<li class=\"p2\">Are borrowing the maximum amount and then leaving college <br \/>as soon as the check comes.<\/li>\n<li class=\"p2\">Are borrowing more than is needed for tuition and books. <br \/>They\u2019re living off loan checks.<\/li>\n<li class=\"p2\">Have loans that are maxed out, delinquent and in default. <br \/>Some may even lose their tax returns.<\/li>\n<li class=\"p2\">Graduate or leave college having accrued more debt than necessary.<\/li>\n<\/ul>\n<p class=\"p2\">\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||15px||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"color: #053147; font-family: 'Gotham Bold', sans-serif; font-size: clamp(1.375rem, 1.274rem + 0.4487vw, 1.8125rem);\">What is the solution?<\/span><\/p>\n<ul>\n<li class=\"p2\"><strong>Be future minded and avoid loans, if possible.<\/strong> You can either borrow nothing, borrow only what is needed, or choose to borrow subsidized loans only.<\/li>\n<li class=\"p2\"><strong>Read and understand the grant and loan information<\/strong> provided by <a href=\"https:\/\/www.studentaid.gov\"><span class=\"s1\">studentaid.gov<\/span><\/a>.<\/li>\n<li class=\"p2\"><strong>Apply for scholarships<\/strong>. To find outside scholarships, visit scholarship websites such as <a href=\"https:\/\/www.fastweb.com\"><span class=\"s1\">fastweb.com<\/span><\/a> or <a href=\"https:\/\/www.scholarships.com\/\"><span class=\"s1\">scholarships.com<\/span><\/a>. Learn more on the <a href=\"https:\/\/gracechristian.edu\/admissions-aid\/financial-aid\/on-campus\/scholarships-and-grants\/\">Scholarships &amp; Grants webpage<\/a>.<\/li>\n<\/ul>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text module_class=&#8221;align-ctr-ctr&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;RGBA(255,255,255,0)&#8221; background_image=&#8221;https:\/\/mlii5e30p1dq.i.optimole.com\/cb:hFP7.217\/w:auto\/h:auto\/q:mauto\/ig:avif\/https:\/\/gracechristian.edu\/wp-content\/uploads\/2024\/01\/heading-hr-dot.webp&#8221; background_size=&#8221;initial&#8221; background_repeat=&#8221;repeat-x&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3 style=\"text-align: left;\">Types of Loans<\/h3>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; disabled_on=&#8221;on|on|on&#8221; _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||0px||false|false&#8221; custom_padding=&#8221;||0px||false|false&#8221; disabled=&#8221;on&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||15px||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Subsidized Loans<\/h2>\n<p class=\"p1\"><strong>Interest is not charged on Subsidized loans while the student is enrolled at least half-time. <\/strong>After a student withdraws or graduates, repayment begins after a six month grace period.<\/p>\n<p class=\"p1\"><span>The interest rate is 6.53%\u00a0<\/span><span class=\"gmail_default\"><\/span><span>for loans disbursed on or after 7\/1\/24, but before 7\/1\/25<\/span>.<\/p>\n<h4>Annual Loan Limits for Subsidized Loans<\/h4>\n<table>\n<thead>\n<tr>\n<td>Credits Earned<\/td>\n<td>Amount<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>0 &#8211; 27<\/td>\n<td>$3,500<\/td>\n<\/tr>\n<tr>\n<td>28 &#8211; 55<\/td>\n<td>$4,500<\/td>\n<\/tr>\n<tr>\n<td>56+<\/td>\n<td>$5,500<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||15px||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Unsubsidized Loans<\/h2>\n<p class=\"p1\"><strong>Interest is charged on Unsubsidized loans upon disbursement. <\/strong>After a student withdraws or graduates, repayment begins after a six month grace period.<\/p>\n<p class=\"p1\"><span>The interest rate is 6.53%\u00a0<\/span><span class=\"gmail_default\"><\/span><span>for loans disbursed on or after 7\/1\/24, but before 7\/1\/25<\/span>. <span style=\"font-family: verdana, sans-serif;\">For Graduate students, the interest rate for Direct Unsubsidized loans is 8.08%<span class=\"gmail_default\">\u00a0<\/span><\/span><span>for loans disbursed on or after 7\/1\/24, but before 7\/1\/25<\/span><span style=\"font-family: verdana, sans-serif;\">.<\/span><\/p>\n<h4>Annual Loan Limits for Unsubsidized Loans<\/h4>\n<table>\n<thead>\n<tr>\n<td>Credits Earned<\/td>\n<td>Amount<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>0 &#8211; 27<\/td>\n<td>$6,000<\/td>\n<\/tr>\n<tr>\n<td>28 &#8211; 55<\/td>\n<td>$6,000<\/td>\n<\/tr>\n<tr>\n<td>56+<\/td>\n<td>$7,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||0px||false|false&#8221; custom_padding=&#8221;||0px||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||15px||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Subsidized Loans<\/h2>\n<p class=\"p1\"><strong>Interest is not charged on Subsidized loans while the student is enrolled at least half-time. <\/strong>After a student withdraws or graduates, repayment begins after a six month grace period.<\/p>\n<p class=\"p1\">The interest rate is 6.39% for loans disbursed on or after 7\/1\/25, but before 7\/1\/26.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||15px||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Unsubsidized Loans<\/h2>\n<p class=\"p1\"><strong>Interest is charged on Unsubsidized loans upon disbursement. <\/strong>After a student withdraws or graduates, repayment begins after a six month grace period.<\/p>\n<p class=\"p1\">The interest rate is 6.39% for loans disbursed on or after 7\/1\/25, but before 7\/1\/26. For Graduate students, the interest rate for Direct Unsubsidized loans is 7.94% for loans disbursed on or after 7\/1\/25, but before 7\/1\/26.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row module_id=&#8221;scholarships&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text module_class=&#8221;align-ctr-ctr&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;RGBA(255,255,255,0)&#8221; background_image=&#8221;https:\/\/mlii5e30p1dq.i.optimole.com\/cb:hFP7.217\/w:auto\/h:auto\/q:mauto\/ig:avif\/https:\/\/gracechristian.edu\/wp-content\/uploads\/2024\/01\/heading-hr-dot.webp&#8221; background_size=&#8221;initial&#8221; background_repeat=&#8221;repeat-x&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3 style=\"text-align: center;\">Loan Options<\/h3>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Loans Tabs Row&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||60px||false|false&#8221; custom_margin_tablet=&#8221;||60px||false|false&#8221; custom_margin_phone=&#8221;||30px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][dipi_advanced_tabs use_sticky_tabs=&#8221;off&#8221; use_tabs_fullwidth=&#8221;on&#8221; tabs_min_width=&#8221;200px&#8221; use_tabs_fullwidth_tablet=&#8221;on&#8221; use_tabs_fullwidth_phone=&#8221;off&#8221; tabs_max_width_phone=&#8221;100%&#8221; tabs_container_padding=&#8221;|0px||0px|false|true&#8221; tabs_container_margin=&#8221;|0px|0px|0px|false|true&#8221; tabs_item_padding=&#8221;20px|10px|20px|10px|false|false&#8221; tabs_item_margin=&#8221;0px||0px|20px|false|false&#8221; tabs_active_item_padding=&#8221;20px|10px|20px|10px|false|false&#8221; tabs_active_item_margin=&#8221;|||20px|false|false&#8221; content_padding=&#8221;30px|90px|30px|90px|true|true&#8221; content_margin=&#8221;0px|0px|0px|0px|true|true&#8221; tabs_bg_color=&#8221;#F7F7F7&#8243; tabs_item_bg_color=&#8221;rgba(37,40,42,0.16)&#8221; tabs_item_margin_tablet=&#8221;0px||0px|20px|false|false&#8221; tabs_item_margin_phone=&#8221;0px||0px|0px|false|false&#8221; tabs_item_margin_last_edited=&#8221;on|phone&#8221; tabs_active_item_margin_tablet=&#8221;|||20px|false|false&#8221; tabs_active_item_margin_phone=&#8221;|||0px|false|false&#8221; tabs_active_item_margin_last_edited=&#8221;on|phone&#8221; content_padding_tablet=&#8221;30px|90px|30px|90px|true|true&#8221; content_padding_phone=&#8221;|10%||10%|true|true&#8221; content_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; title_font=&#8221;Gotham Bold||||||||&#8221; hover_enabled=&#8221;0&#8243; custom_css_main_element=&#8221;||&#8221; border_width_all_tabs_wrapper=&#8221;0px&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][dipi_advanced_tabs_item title=&#8221;Federal Direct Loans&#8221; is_default_tab=&#8221;on&#8221; activate_tab_selector=&#8221;tabs-2-1&#8243; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; title_font=&#8221;|||on|||||&#8221; title_text_align=&#8221;center&#8221; max_width_last_edited=&#8221;off|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Federal Direct Loans<\/h2>\n<p>To access <span>Federal Direct Loans<\/span>, students need to complete the Free Application for Federal Student Aid (FAFSA). Once submitted, the Financial Aid Office will determine the loan amount a student qualifies for based on their financial need and other factors. Students receive an award letter detailing their loan eligibility, up to the maximum amount allowed per student. (Cost of Attendance limits apply.)<\/p>\n<p>To accept Federal Direct Loans, students must complete a Master Promissory Note (MPN) at <a href=\"https:\/\/studentaid.gov\/mpn\/\" target=\"_blank\" rel=\"noopener\">studentaid.gov\/mpn<\/a>. The MPN serves as a commitment to repay the federal loans. Once the MPN is submitted, the Financial Aid Office is notified by the Department of Education.<\/p>\n<table>\n<thead>\n<tr>\n<td>Dependent Students<\/td>\n<td>Subsidized<\/td>\n<td>Unsubsidized<\/td>\n<td>Total<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1st year undergrad<\/td>\n<td>$3,500<\/td>\n<td>$2,000<\/td>\n<td>$5,500<\/td>\n<\/tr>\n<tr>\n<td>2nd year undergrad<\/td>\n<td>$4,500<\/td>\n<td>$2,000<\/td>\n<td>$6,500<\/td>\n<\/tr>\n<tr>\n<td>3rd year (up to graduate)<\/td>\n<td>$5,500<\/td>\n<td>$2,000<\/td>\n<td>$7,500<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<thead>\n<tr>\n<td>Independent Students<\/td>\n<td>Subsidized<\/td>\n<td>Unsubsidized<\/td>\n<td>Total<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1st year undergrad<\/td>\n<td>$3,500<\/td>\n<td>$6,000<\/td>\n<td>$9,500<\/td>\n<\/tr>\n<tr>\n<td>2nd year undergrad<\/td>\n<td>$4,500<\/td>\n<td>$6,000<\/td>\n<td>$10,500<\/td>\n<\/tr>\n<tr>\n<td>3rd year (up to graduate)<\/td>\n<td>$5,500<\/td>\n<td>$7,000<\/td>\n<td>$12,500<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Federal Direct Loans Requirements<\/h3>\n<h5>Entrance Counseling<\/h5>\n<p>Students wishing to borrow <span>Federal Direct Loans<\/span> are required by the Department of Education to complete the Loan Entrance Counseling. <span>Federal Direct Loan<\/span>\u00a0funds will not be released to the school without completion of the required Entrance Counseling. <a href=\"https:\/\/studentaid.gov\/entrance-counseling\" target=\"_blank\" rel=\"noopener\">Complete Entrance Counseling &gt;<\/a><\/p>\n<h5>Exit Counseling<\/h5>\n<p>Upon withdrawal or graduation, students who borrowed <span>Federal Direct Loans<\/span> must fulfill their Loan Exit Counseling requirement. This step ensures students understand their loan rights and responsibilities. <a href=\"https:\/\/studentaid.gov\/exit-counseling\" target=\"_blank\" rel=\"noopener\">Complete Exit Counseling &gt;<\/a><\/p>\n<p>If you have any questions as you complete the counseling requirements you may contact the Financial Aid Office at <a href=\"mailto:financialaid@gracechristian.edu\" target=\"_blank\" rel=\"noopener\">financialaid@gracechristian.edu<\/a> or <a href=\"tel:+16165382330\">(616) 538-2330<\/a>.[\/dipi_advanced_tabs_item][dipi_advanced_tabs_item title=&#8221;Direct Parent Plus Loans&#8221; activate_tab_selector=&#8221;tabs-2-2&#8243; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; title_font=&#8221;|||on|||||&#8221; title_text_align=&#8221;center&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h2>Direct Parent Plus Loans<\/h2>\n<h5>For Dependent Students<\/h5>\n<p>Direct PLUS loans offer parents with a good credit history the opportunity to cover education expenses for their dependent undergraduate child enrolled at least half-time. Eligibility is determined through the FAFSA, and the student must be certified as eligible by the Financial Aid Office.<\/p>\n<p>The interest rate is 8.94% for loans disbursed on or after 7\/1\/25, but before 7\/1\/26.<\/p>\n<ul>\n<li>To complete the Parent PLUS Loan application, parents should visit the <a href=\"https:\/\/studentaid.gov\/plus-app\/\" target=\"_blank\" rel=\"noopener\">Federal Student Aid website<\/a> and log in using their FSA ID and password. If parents do not have an FSA ID, they can create one <a href=\"https:\/\/studentaid.gov\/plus-app\/\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/li>\n<li>The PLUS application includes a credit check. Upon approval, parents can contact the Financial Aid Office to request a loan, up to the allowable amount determined by the student&#8217;s cost of attendance.<\/li>\n<li>Parents seeking a Direct Parent PLUS loan must complete the <a href=\"https:\/\/studentaid.gov\/mpn\/parentplus\/landing\" target=\"_blank\" rel=\"noopener\">Master Promissory Note (MPN)<\/a>. The MPN serves as the parent\u2019s commitment to repay the federal loans. Once the MPN is submitted, the Department of Education will notify the Financial Aid Office.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/studentaid.gov\/plus-app\/\" target=\"_blank\" rel=\"noopener\">Apply for Parent Plus Loan &gt;<\/a><\/p>\n<p>[\/dipi_advanced_tabs_item][dipi_advanced_tabs_item title=&#8221;Private Loans&#8221; activate_tab_selector=&#8221;tabs-2-3&#8243; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; title_font=&#8221;|||on|||||&#8221; title_text_align=&#8221;center&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Private Loans<\/h2>\n<p>In some instances, students may require additional financial assistance to cover remaining educational expenses. Private loans offer a solution to bridge the gap between federal, state, and institutional aid and the total cost of attendance.<\/p>\n<ul>\n<li>Private loans are typically for students who still have an amount owed after applying for Stafford and PLUS loans.<\/li>\n<li>Private loans usually require a cosigner, but in some cases (if the student has established credit) the student may be able to apply for a loan without a cosigner.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.elmselect.com\/link\/query?schoolid=247\" target=\"_blank\" rel=\"noopener\">Apply for a Private Loan &gt;<\/a><\/p>\n<p>[\/dipi_advanced_tabs_item][\/dipi_advanced_tabs][\/et_pb_column][\/et_pb_row][et_pb_row module_id=&#8221;housing&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text module_class=&#8221;align-ctr-ctr&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;RGBA(255,255,255,0)&#8221; background_image=&#8221;https:\/\/mlii5e30p1dq.i.optimole.com\/cb:hFP7.217\/w:auto\/h:auto\/q:mauto\/ig:avif\/https:\/\/gracechristian.edu\/wp-content\/uploads\/2024\/01\/heading-hr-dot.webp&#8221; background_size=&#8221;initial&#8221; background_repeat=&#8221;repeat-x&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3 style=\"text-align: left;\">Financial Aid<\/h3>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;3&#8243; _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; saved_specialty_column_type=&#8221;3_4&#8243; _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/mlii5e30p1dq.i.optimole.com\/cb:hFP7.217\/w:auto\/h:auto\/q:mauto\/ig:avif\/https:\/\/gracechristian.edu\/wp-content\/uploads\/2024\/10\/On-Campus-Financial-Aid.webp&#8221; alt=&#8221;Grace students studying in a booth in the Commons&#8221; title_text=&#8221;On-Campus-Financial-Aid&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||65px||false|false&#8221; box_shadow_style=&#8221;preset4&#8243; box_shadow_horizontal=&#8221;-10px&#8221; box_shadow_color=&#8221;rgba(37,40,42,0.1)&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; saved_specialty_column_type=&#8221;3_4&#8243; _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; header_3_text_color=&#8221;#046880&#8243; custom_margin=&#8221;||-3px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Financial Aid<\/h2>\n<p><span>We\u2019re committed to ensuring that finances never stand in the way of pursuing your degree. Discover a wealth of opportunities, including scholarships, grants, and loans, tailored to support your journey toward your calling.<\/span><\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjQ4MCJ9fQ==@&#8221; button_text=&#8221;View On-Campus Financial Aid Options&#8221; _builder_version=&#8221;4.27.2&#8243; _dynamic_attributes=&#8221;button_url&#8221; _module_preset=&#8221;560e7243-24f2-4f1a-8cce-3dd36fd207d7&#8243; custom_margin=&#8221;30px||||false|false&#8221; custom_margin_tablet=&#8221;60px||||false|false&#8221; custom_margin_phone=&#8221;|||0%|false|false&#8221; custom_margin_last_edited=&#8221;on|tablet&#8221; custom_padding=&#8221;0px|||0px|false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][et_pb_button button_url=&#8221;@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjQ4MSJ9fQ==@&#8221; button_text=&#8221;View Online Financial Aid Options&#8221; _builder_version=&#8221;4.27.2&#8243; _dynamic_attributes=&#8221;button_url&#8221; _module_preset=&#8221;560e7243-24f2-4f1a-8cce-3dd36fd207d7&#8243; custom_margin=&#8221;30px||||false|false&#8221; custom_margin_tablet=&#8221;60px||||false|false&#8221; custom_margin_phone=&#8221;|||0%|false|false&#8221; custom_margin_last_edited=&#8221;on|tablet&#8221; custom_padding=&#8221;0px|||0px|false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][\/et_pb_row][et_pb_row module_id=&#8221;housing&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text module_class=&#8221;align-ctr-ctr&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;RGBA(255,255,255,0)&#8221; background_image=&#8221;https:\/\/mlii5e30p1dq.i.optimole.com\/cb:hFP7.217\/w:auto\/h:auto\/q:mauto\/ig:avif\/https:\/\/gracechristian.edu\/wp-content\/uploads\/2024\/01\/heading-hr-dot.webp&#8221; background_size=&#8221;initial&#8221; background_repeat=&#8221;repeat-x&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3 style=\"text-align: left;\">Housing &amp; Dining<\/h3>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;3&#8243; _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; saved_specialty_column_type=&#8221;3_4&#8243; _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; header_3_text_color=&#8221;#046880&#8243; custom_margin=&#8221;||-3px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Housing &amp; Dining Options<\/h2>\n<p>Flexible meal plans offer students creative options to accommodate financial needs while providing meals from our wonderful dining hall. Rather than purchasing meals weekly, meal plan cost is per semester. Students are able to choose how many meals they eat in a given week and can adjust as needed based on their remaining quantity.<\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjUzOSJ9fQ==@&#8221; button_text=&#8221;View Housing &#038; Dining Options&#8221; _builder_version=&#8221;4.27.2&#8243; _dynamic_attributes=&#8221;button_url&#8221; _module_preset=&#8221;560e7243-24f2-4f1a-8cce-3dd36fd207d7&#8243; custom_margin=&#8221;30px||||false|false&#8221; custom_margin_tablet=&#8221;60px||||false|false&#8221; custom_margin_phone=&#8221;|||0%|false|false&#8221; custom_margin_last_edited=&#8221;on|tablet&#8221; custom_padding=&#8221;0px|||0px|false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; saved_specialty_column_type=&#8221;3_4&#8243; _builder_version=&#8221;4.23.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/mlii5e30p1dq.i.optimole.com\/cb:hFP7.217\/w:auto\/h:auto\/q:mauto\/ig:avif\/https:\/\/gracechristian.edu\/wp-content\/uploads\/2024\/05\/Housing-and-Dining.webp&#8221; alt=&#8221;Exterior view of the Grace Townhomes on a sunny day &#8211; one of the Housing options at Grace Christian University.&#8221; title_text=&#8221;Housing-and-Dining&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||65px||false|false&#8221; box_shadow_style=&#8221;preset4&#8243; box_shadow_horizontal=&#8221;-10px&#8221; box_shadow_color=&#8221;rgba(37,40,42,0.1)&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; module_class=&#8221;cta-apply-fw&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#25282A&#8221; use_background_color_gradient=&#8221;on&#8221; background_color_gradient_direction=&#8221;90deg&#8221; background_color_gradient_stops=&#8221;rgba(37,40,42,0) 0%|rgba(37,40,42,0.33) 100%&#8221; background_color_gradient_overlays_image=&#8221;on&#8221; background_image=&#8221;https:\/\/mlii5e30p1dq.i.optimole.com\/cb:hFP7.217\/w:auto\/h:auto\/q:mauto\/ig:avif\/https:\/\/gracechristian.edu\/wp-content\/uploads\/2024\/02\/gradient-overlay-1920x1080_2.webp&#8221; custom_padding=&#8221;80px||80px||true|false&#8221; global_module=&#8221;109719&#8243; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row column_structure=&#8221;3_5,2_5&#8243; _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;3_5&#8243; _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.3&#8243; _module_preset=&#8221;default&#8221; background_layout=&#8221;dark&#8221; custom_padding=&#8221;40px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h5>Financial Aid<\/h5>\n<h2>Contact Us<\/h2>\n<p>If you have questions, please do not hesitate to reach out to the Financial Aid Office.<br \/><strong>PHONE<\/strong> <a href=\"tel:+16165382330\">(616) 538-2330<\/a><br \/><strong>EMAIL<\/strong> <a href=\"mailto:financialaid@gracechristian.edu\" target=\"_blank\" rel=\"noopener\">financialaid@gracechristian.edu<\/a><br \/><strong>FAX<\/strong> (616) 538-0588 (Attn: Financial Aid)<\/p>\n<p><strong>KURT POSTMA<\/strong> (Director) <a href=\"tel:+16162618557\">(616) 261-8557<\/a> or <a href=\"mailto:kpostma@gracechristian.edu\" target=\"_blank\" rel=\"noopener\">kpostma@gracechristian.edu<\/a><br \/><strong>JODY FERGUSON<\/strong> <a href=\"tel:+16162646651\">(616) 264-6651<\/a><br \/><strong>KEN MYERS<\/strong> <a href=\"tel:+16162618577\">(616) 261-8577<\/a><br \/><strong>JAMIE BRISTOL<\/strong> <a href=\"tel:+16162611564\">(616) 261-1564<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; background_layout=&#8221;dark&#8221; custom_padding=&#8221;40px||||false|false&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3>Financial Aid Resources<\/h3>\n<p><a href=\"https:\/\/fa.gracechristian.edu:8443\/jenzabarfa-studentselfservice-ui\/login.html#\/signin\" target=\"_blank\" rel=\"noopener\">Financial Aid Student Portal<\/a><br \/><a href=\"https:\/\/gracechristian.edu\/admissions-aid\/financial-aid\/document-submission\/\">Financial Aid Document Submission<\/a><br \/><a href=\"https:\/\/gracechristian.edu\/wp-content\/uploads\/2024\/01\/index.html\" target=\"_blank\" rel=\"noopener\">Net Price Calculator<\/a><br \/><a href=\"https:\/\/gracechristian.edu\/admissions-aid\/financial-aid\/refund-policy\/\">Refund Policy<\/a><br \/><a href=\"https:\/\/gracechristian.edu\/admissions-aid\/financial-aid\/code-of-conduct\/\">Code of Conduct<\/a><br \/><a href=\"https:\/\/gracechristian.edu\/admissions-aid\/financial-aid\/notification-of-rights\/\">Notification of Rights<\/a><br \/><a href=\"https:\/\/gracechristian.edu\/admissions-aid\/financial-aid\/loans\/\" target=\"_blank\" rel=\"noopener noreferrer\">Responsible Borrowing<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Loans are a type of financial aid that allows students to borrow money to cover educational expenses, which must be repaid with interest. To apply for federal student loans, borrowers must be enrolled at least half-time. 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