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Frequently Asked Questions





Q.


The financial aid process seems complicated. How can I find a way to pay for college?

A.


Understanding the operation of federal financial aid programs can be difficult because it is often mired in bureaucratic language. The American Council on Education has produced a new primer which provides easy-to-understand explanations of the goals, eligibility and application process for student aid as well as a brief summary of the major aid programs. Find out more about paying for college here.
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Q.


Should Christians borrow for college?

A.


The Christian camp is divided when it comes to borrowing large sums of money. Can students invest in a quality education without compromising on biblical principles? In many cases, the answer is a resounding "yes."

Click here for an article that helps families analyze options and make wise decisions for the future. It won't give you all the answers but it will give you some tools to help understand a Christian perspective on the college selection process.
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Q.


When do I have to start paying off student loans?

A.


As long as you are enrolled in an accredited college half time, you do not have to pay your federal student loans. The grace period for most loans is six months, and then repayment begins if you do not meet the half-time enrollment criteria. Documentation must be sent to the lending institution confirming enrollment status.
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