Applying for Loans

When considering your financial options for a college education you will find that families have a couple of major needs to consider. One major need is to minimize the total cost of a college education and the second need is to obtain a manageable monthly payment. To meet these needs we recommend the following options:

  • By paying as much as you can directly to Guilford College you can reduce your need to borrow money and reduce the total cost of education. You can also make monthly payments through the Tuition Pay monthly payment plan that Guilford offers.
  • If you decide that you need to borrow money you need to check out terms of available loan programs.
  • If it is at all possible that you can afford a larger monthly payment, decrease the amount of loan money and increase your monthly Tuition Pay payment plan.

 

0809 Stafford Loan Application

 

You will find on the Guilford College web site information about recommended lenders. These lenders have been chosen by Guilford because of their great rates, great benefits and have strong customer service departments and a timely processing ability. Parents and students have the right to choose their own lender for their educational needs. If you have any quesstions about the loan program at Guilford College, please contact the Office of Student Financial Services at 336-316-2354 or 336-316-2176.