Students who need funds beyond Financial Aid to pay for education-related expenses may be interested in payment plan and loan options available at Southeastern Technical College. Southeastern Technical College requires all students who wish to seek funds to first complete the Free Application for Federal Student Aid and complete any required verification.
Payment PlanIn addition to HOPE and PELL Grants, Southeastern Technical College offers a payment plan option through NelNet to assist students in paying for college expenses. The NelNet plan requires upfront payments and payments during each term and must be paid by the end of each term of enrollment. More information is available at:
Southeastern Technical College does not participate in the Federal Stafford Student Loan program or the Federal Parent PLUS Loan program. Loans should be used as a last resort to pay for education expenses. Students needing loans to finance their education must consider state and private loan options.
Private student loans are different from federal student loans in that they are not guaranteed by the federal government, require a credit check, and often require a co-signer. Terms and conditions vary significantly by lender. Carefully consider your needs, and then select a loan product that best meets your individual situation.
Georgia low-interest loans
The state of Georgia offers a low-interest loan program to assist students.
The Student Access Loan (SAL). SAL is a 1% loan and technical college students are eligible for up to $3,000 per academic year.
Criteria for the SAL Loan are:
- Must be a GA resident and/or military personnel or dependent
- Monthly “Keep in Touch” payments while in school and grace period
- FAFSA required
- Half-time enrollment is required (at least 6 credit hours)
- Students are selected randomly by Georgia Student Finance Commission
- Application cycle: Early June through September
- For more information or to apply visit:
Southeastern Technical College certifies private loans from various lenders. The following alphabetical list of private loan products is provided for you to explore, because they offer a variety of loan options with competitive interest rates. You, however, are free to borrow from any private loan lender you choose, even if they are not listed here. Southeastern Technical College does not endorse or support any specific lender or student loan program/product.
Sallie Mae Smart Option Loan
Wells Fargo Student Loan for Career and Community Colleges
Your lender will notify us of your credit approved application. After determining your actual eligibility, we will certify your loan. The process can take up to 5 – 6 weeks from the time you apply until receipt of funds.
If you choose a loan option that is not listed, please contact the lender directly to determine the application process.
Once the loan proceeds are received by STC they will be disbursed to your STC student account and your outstanding charges, if any, will automatically be deducted before the balance is sent out. Any remaining credit balances will be issued by check. No loan funds will be disbursed before the start of classes and refunds will be sent out according to the refund schedule issued by the Business Office each term.