What kind of loans can I get at KC?
Kaskaskia College does not participate in the Federal Direct Loan program. However, if you already have received a Direct Loan in the past or from another institution and need to complete mandatory exit counseling, please follow this link https://studentaid.gov/exit-counseling/. You must complete exit counseling if you have graduated, withdrawn or dropped below 6 credit hours and have previously taken out a Federal Direct Loan.
Student loans are offered through private lenders. Our students have secured loans through the following lenders during the previous 5 years:
You may also borrow from private banks and other lending institutions. We process private education loan certifications for all lenders with equal timeliness and without prejudice. The interest rates, repayment options, and terms may vary depending on which lender you choose to use. You may also need to provide a credit-worthy co-signer to qualify for a student loan or to receive a lower interest rate.
Steps to apply for an Outside Loan
- Choose a lender
- Students can use one of the lenders from our historical lender list above, or any private bank or lending institution
- Private banks and other lenders may disburse loan funds directly to the student rather than to Kaskaskia College. Examples of other private lends could include US Bank, First National Bank, GTSB Bank, FCB Bank, etc.
- If you are a first time-borrower with Kaskaskia College, you will need to review the first-time loan seminar after being approved for a student loan.
- Follow up with the Financial Aid Office to make sure your loan has been certified. Please call or text 545-3080 or email kcfinaid@kaskaskia.edu
