Palomar College

Student Loan Common Questions

General Information	What does it mean to accept a student loan? What options should I consider before borrowing a student loan? What kind of student loans are available? How much can I borrow? What is the interest rate on these loans? Is there a charge for these loans?
Eligibility Information	How do I become eligible for a student loan? How do I obtain and receive a student loan?
Repayment Information	When do I pay back these loans? What are my responsibilities when I take out a student loan? What happens if I do not repay my student loan? Can I prepay to get ahead on my loan?

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