Student Loans Menu

Student Loans

Student loans are available to help offset educational expenses for the specific academic period. Borrowing through student loans should be your last alternative. You should exhaust all other resources of financial assistance, including scholarships, state grants, and campus student employment before applying for a student loan. Applying for a student loan too early may limit or exclude you from receiving grants/scholarships.

Entrance Counseling / Exit Counseling

If you should fall below 6 credit hours or stop attending - it is your responsibiilty to do Exit Counseling. Please click on the following link www.nslds.ed.gov which will assist you with your exit interview. This is the only thing you need to do to stay in compliance with your loan obligations upon leaving the College. Of course, you do have the obligation of paying the loan back in full!

For entrance counseling please click on www.studentloans.gov.

Click for information about applying for a student loan at PPCC.

Direct Loans

Pikes Peak Community College is a participant in the Federal Direct Loan Program - in which students borrow their Stafford Loan funds directly from the U.S. Department of Education rather than a lender. Prior to January 2009, PPCC participated in the Federal Family Education Loan Program (FFELP). Effective Spring 2009, all Colorado Community Colleges switched to Direct Lending which includes the Stafford Subsidized Loan; the Stafford Unsubsidized Loan; and the Direct Parent Loan for Students.

Loan Options

The following represent possible borrowing options beginning with the best value and proceeding to other less favorable loan options based on interest rates, loan terms and conditions, and repayment options. These loan options may be used alone or in combination with each other. Select the loan links below for more information about each option.

Option 1:
  • Federal Direct Stafford Subsidized Loan
    A federal loan program available to students depending on eligibility.
    PPCC will always try to certify the maximum subsidized loans before certifying any unsubsidized loans.
Option2:
Option 3:
  • Alternative Loans
    Students who need additional funds after considering the feasibility of the loan options in Steps 1 and 2 or students who are ineligible for federal aid, may need to apply for an alternative loan. It is PPCC's policy that our students apply for a Federal Direct Stafford Loan prior to an Alternative Loan as it is in the student's best interest.