A low interest loan available to students who demonstrate financial need. Interest does not accrue until repayment begins, which is six months after the borrower ceases to enroll at least half-time. For new borrowers, the interest rate for 2010-11 is 6.8% percent during repayment.
A low interest loan made available to students who are not eligible (or only partially eligible) for the need-based interest subsidy. Interest begins accruing at the time of first disbursement of loan funds. Students may choose to pay the interest while in school or have it accrue and added to the principal amount of the loan. Repayment of interest and principal combined begins six months after the student ceases to be enrolled at least half-time. For new borrowers, the fixed interest rate is currently 6.8% during repayment.
TEACH Grant Program: The Teacher Education Assistance for College and Higher Education (TEACH) Grant Program provides grants of up to $4,000 per year to students who intend to teach in a public or private elementary or secondary school that serves students from low-income families. If you are interested in applying for the TEACH Grant, please complete the CUC TEACH Grant Application.
Church Professionals: Graduate students enrolled in an advanced degree church professional program are eligible for the Concordia Supplemental Church Professional Award by completing and submitting the scholarship application.