Most financial aid (more than 60 percent) comes in the form of loans, aid that must be repaid.   Most loans that are awarded based on financial need are low-interest loans sponsored by the federal government.

Student Loans

Subsidized/Unsubsidized Stafford Loans

Annual Loan Limits:
Freshman                  $2,625
Sophomore                $3,500
Juniors and Seniors   $5,500
Graduate                    $8,500

• Principal payment begins 6 months after “In School” period ends.
• Subsidized loan interest is paid by the Government during “In School” period.
• Unsubsidized Loan interest is paid by the borrower.

Federal Parent Loans – PLUS

• Maximum loan amount is the difference between estimated cost of education, less other financial aid.
• Eligibility is NOT need-based. Loans are made regardless of your income level.
• Repayment of principal and interest begins 60 days after disbursement.

For additional information on First State Bank’s Student Loan Program, contact any First State Bank Banking Center or you may contact Margie Angell or Tracy Wood with TIB at (800)829-4842.

TIB’s Lender Code is 831122-962
(Must give this TIB for loan processing)

To obtain a FAFSA form, please call (800)433-3243

Links to Related Websites:

*By clicking on the related internet address below, you will be leaving First State Bank’s web site. These web sites may offer a different privacy policy and level of security from First State Bank. First State Bank is not responsible for and does not endorse, guarantee or monitor content, availability, viewpoints, products or services that are offered or expressed on other web sites.

www.tgslc.org
www.salliemae.com
www.ed.gov
www.petersons.com
www.collegeboard.org
www.finaid.org
www.nasfaa.org/ParentsStudents.asp
www.adventuresineducation.org