Loans & Student Employment
Investing in a college education is a big undertaking for most families. These pages include information on federal loans such as the Stafford and PLUS loans and information on obtaining private loans to fund a student's education. Information on student employment, also known as the federal work study program is available here.
Federal Loans
Federal loans include the PLUS loan for parents and subsidized and unsubsidized versions of the Stafford loan.
Private Loans
Private or alternative student loans not controlled by Title IV federal aid regulations and do not have government subsidies. Loans of this type usually have terms less favorable than the federal Stafford and PLUS loans and should only be considered as a last resort. Many lenders provide such loans and each may offer different benefits and incur vastly different costs, including interest rates.
Student Employment
Student employment is available on campus at Emory & Henry College. Campus positions may pay $1,100 a year in exchange for five to 10 hours of work per week by the student. Only students who are eligible for federal work study can be employed in campus positions, with very few exceptions.