As a Title IV participating school, Westminster Seminary California students are eligible for Federal Stafford Loans. Through the Stafford Loan program, students may borrow up to $20,500 per year to fund their educational costs (tuition, fees and most living expenses).  Each Stafford loan has a fixed interest rate.  Repayment is deferred during full and half-time enrollment and for six months after graduation.  Students who drop below half-time enrollment status will have a six month grace period before repayment begins. To be eligible for assistance through the Federal Stafford Student Loan program, students must be enrolled at least half-time (registered for 6 or more academic credits per semester).

Eligibility Criteria

You may be eligible to borrow money under the Stafford Program if you are a regular student, admitted and enrolled in an approved program for the purpose of obtaining a degree at Westminster Seminary California, and you satisfy the following:

• Be a U.S. citizen or eligible non-citizen
• Male students must be registered with the Selective Service
• Have educational financial need
• Sign a Master Promissory Note or have an active MPN on file with the U.S. Department of Education
• Complete and submit the WSC Federal Loan application to the WSC Financial Aid Office
• List Westminster Seminary California as one of the schools you plan to attend on your FAFSA. Our Title IV Code is G22768.
• Complete graduate loan counseling
• Use Federal Stafford Loans solely for educational purposes
• Make Satisfactory Academic Progress (SAP) in a declared program of study
• Not be in default on any Federal student loan.

 

 

Please contact the Financial Aid Coordinator if you have any questions regarding the loan application process.