Find out today how an education at TCTC will get you ready for an immediate career path.
With dozens of clubs and organizations here, we make it easy to get involved!
Find out today how an education at TCTC will get you ready for an immediate career path.
With dozens of clubs and organizations here, we make it easy to get involved!
Direct Student Loans
Student loans can be either subsidized or unsubsidized. Subsidized loan eligibility is determined based on need and FAFSA information. The federal government pays the interest on a subsidized loan while a student is enrolled at least halftime (6 or more credit hours) or during a grace period. Unsubsidized loans are not based on need and interest accrues once it is disbursed.
A student loan cannot exceed the cost of attendance or the established borrowing limits. Please view the Loan Confirmation Form for these limits (see below for instructions on accessing this form).
There is an origination fee on each student loan. The current fee is 1.057% (subject to change) and it is deducted from each disbursement. The origination fee and current interest rate are provided in a disclosure statement each borrower receives after the first loan disbursement.
To be eligible to borrow a Direct Student Loan you MUST meet all of the following:
To confirm acceptance of a student loan please do the following:
Exit Loan Counseling
Borrowers of federal student loans are required to complete Exit Loan Counseling when they graduate, leave school, or drop below half-time enrollment. Exit Counseling provides important information needed to prepare borrowers for repayment of a federal student loan.
Federal Student Aid’s Exit Loan Counseling Guide can be found at https://studentaid.gov/sites/default/files/exit-counseling.pdf. Review it to get informed on these areas:
The average indebtedness of graduates* (this includes borrowers and non-borrowers, as some graduates did not need to borrow) from Tri-County Technical College (TCTC) is $1,275, and the average indebtedness of borrowers graduating from TCTC is $6,986. This is not what you owe! This is just the average debt for TCTC graduates. View your specific loans by logging into your financial aid dashboard at StudentAid.gov.
*As of Spring 2024 graduation.
ACTION REQUIRED: Complete Exit Counseling at https://studentaid.gov.
WARNING! Beware of debt relief scams. Third-party student debt relief companies may contact borrowers during repayment period. Use caution when dealing with third-party companies. Debt relief services are already offered free of charge by the US Department of Education. Contact your lender for options.