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How Will Sequestration Impact Student Loans?

While the sequester does not currently impact the amount loaned to student borrowers, it does effect the origination fee of Direct Unsubsidized Stafford and Direct Graduate Plus loans.  The origination fee is a percentage of funds deducted from the loan before disbursement.  Borrowers can now expect to see 1.051% origination fees on Direct Unsubsidized Stafford loans and 4.204% origination fees on Direct Graduate Plus loans.  Previously these fees were 1% and 4%.

Loans borrowed for the Summer 2013 semester and going forward will carry the increased fees.  The Department of Education plans to notify via email those borrowers who are affected by this change, but please feel free to contact us if you have any questions or concerns.

 

 

Spring Scholarships

The deadline for spring scholarship applications for current students is April 1 at 5:00 p.m.; less than two weeks away!  Make sure you check the criteria for each scholarship (listed at the top of our scholarship page) to see which opportunities you could apply for and what we’ll need from you.

We will email you in mid-April to let you know if you have or have not been selected to receive a scholarship.

Good luck!

 

Public Service Scholarship

Take some time this weekend to work on your Public Service Scholarship application which is due Monday, March 11 at 5:00 pm in the Office of Admissions and Student Financial Planning.  The scholarship recipient will be a student entering their final year of law school and will receive money to cover full tuition for their final year.

Good luck!

 


Stetson Law

Stetson University College of Law is Florida’s first law school. It has educated lawyers for more than a century. The law school is located in the Gulfport/St. Petersburg area with a satellite campus in downtown Tampa.

Stetson University

Stetson University’s historic campus, founded in 1883 in DeLand, is home to the College of Arts & Sciences, School of Business Administration and School of Music. Stetson also has a satellite center in Celebration that offers advanced degrees.