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About Student Loans
NOBTS does not offer a loan program through our institution, but we do work with independent financial institutions that offer educational loans. Important: NOBTS does not accept any Federal loans including Stafford loans and Pell grants.
You may apply with the bank that you currently use or any other loan lender as long as you are applying for a Signature loan. Below are a few links that our students have found helpful in looking for information about educational loans. Another helpful tool available through Citibank is their Financial Literacy Program. Click the link below to gain access to resources such as: interactive online lessons; savings, loans, and retirement calculators; and links to many other helpful websites. Citibank Financial Literacy Program Loan Process
The Director must certify that the loan is for educational purposes only. Educational purposes may include: tuition, fees, books, and some living or commuting expenses. Loan payments can be deferred as long as you are a full-time student, but the interest on the loans start accruing immediately. For this reason, the Director advises each student to take out the lowest amount possible for either a semester or a year at the most rather than a large amount to cover your entire time at NOBTS.Information on Educational Loans through Private Organizations Loan Name/Originator. American Baptist Church of the USA Graduate Loan Who is Eligible? Graduate Students Loan Amount. $1,000.00 per year. Repayment (over six years) begins, and interest starts to accrue, six months following graduation or conclusion of studies. (See address under grant) Application Deadline. May 31 ******************** Loan Name/Originator. American Baptist Church of the USA Undergraduate Loan Who is Eligible? Undergraduate students. Loan Amount. $500.00 per year. Repayment (over six years) begins, and interest starts to accrue, six months following graduation or conclusion of studies. Application Deadline. May 31 ******************** Loan Name/Originator. American Baptist Churches Who is Eligible? Graduate students; repayment begins, and interest starts to accrue, six months following graduation or conclusion of studies. Application Procedure. Write to: American Baptist Churches ******************** Loan Name/Originator. Bill Raskob, Inc. Who is eligible? Must have completed one year of study; low interest loans for students Loan Amount. $1,000-$3,000 Application Procedure. Write to: Bill Raskob, Inc. ******************** Loan Name/Originator. Grand Encampment Knights Templar Educational Foundation Loan Who is eligible? Should be legal resident of the Division (state) to which application is being made (if address is unknown, use address above); based on scholarship, character, and dependability; loans are repaid, following graduation with 5% interest. Loan Amount. $3,000 per year, for up to 2 years Application Procedure. Write to: Grand Encampment Knights Templar ******************** Loan Name/Originator. Hattie M. Strong Foundation Loan Who is Eligible? The foundation administers loans to students in their final year of study in a baccalaureate or graduate degree program. Loans are interest free, with no collateral. Repayment is based on monthly income after graduation. Loan Amount. Maximum of $2,500 Application Deadline. Applications are mailed to students January 1 - March 31. Application Procedure. Write to: Hattie M. Strong Foundation ******************** Loan Name/Originator. Student Aid Foundation Loan Who is eligible? Women, must be residents of, or attend school in, Georgia, who have above average academic ratings, and who are in need of financial assistance. For full-time students. No interest while in school. 6% interest is charged beginning three months after school. After three years interest goes to 12% on balance of loan. For one academic year. Renewable for three additional years. Approximately 35 awards each year. May reapply for additional years. Loan Amount. $2,500 (undergraduate) and $3,000 (graduate) Application Procedure. Write to: Student Aid Foundation ******************** Loan Name/Originator. United Methodist Church Board of Higher Education and Ministry Student Loan Who is eligible? Must have membership in United Methodist Church ; must be a citizen or permanent resident of US. Application Procedure. Write to: United Methodist Church Board of Higher Education and |
The world and its desires pass away, but the man who does the will of God lives forever.
1 John 2:17
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