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College Access Loans (CAL)


Description

State loan program for Texas residents enrolled at least half-time. Students must be credit worthy or provide a credit worth co-signer. For more information or to apply for a CAL loan, please visit Texas Higher Education Coordinating Board student loan programs website .

Annual Amount

Maximum loan amount is the difference between a student’s cost of attendance and other financial aid they are receiving.

Repayment

There is a six-month grace period with a repayment period of 10 years or 20 years depending on how much has been borrowed.


Private/Alternative Loans


Texas Seminary Christian University does not have a list of preferred private loan lenders. Students that have exhausted all grant, scholarship and federal loan options can consider applying for a private/alternative loan. These outside loans are applied for directly from the lender by a student or parent. Borrowers must be credit worthy or provide a co-signer. Click here to view a list of some lenders that offer private education loans. This list is not given to limit your choices or to suggest that you take a loan from one of these lenders. It is only provided as a way to help you get started should you decide to pursue a private loan. You are free to choose any private lender that you would like to work with.

Private lenders should ask you to complete a Private Education Loan Applicant Self-Certification. You can access that self-certification form by clicking here .



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