Central Piedmont Community College does not participate in the Stafford , Direct federal, or PLUS student loan programs.

The Financial Aid Office at Central Piedmont Community College works with many sources of alternative or private loans to help provide additional funding to students of the College.

CPCC does not endorse the use of any particular alternative loan program, but rather encourages its students to thoroughly review the programs available and to select the program that best meets their personal needs.

General considerations:

• These loans are credit-based and students are NOT guaranteed to receive them.
• In order to understand the credit-scoring system used by the lender to determine your eligibility, we suggest you review the information contained on www.myfico.com.
• Under lender defined circumstances, some students may also be asked to have a cosigner or co maker.

When determining which program is best for you, obtain the following information from the lender(s) you are considering:

• What are the current credit qualification criteria, including credit score, a borrower (you) and/or a cosigner or co-maker must meet?
• What is the current interest rate and fees (origination or repayment) associated with the loan? Remember, fees can negate differences in interest rate. Interest rates and terms vary with each lender.
• What are the standard and/or consolidated repayment terms available to borrowers? (Fixed or variable rate and maximum repayment period)
• You should also ask whatever other questions you need to fully understand your responsibilities under the loan.

Visit CPCC Sponsored Program for additional information.

FACTS Tuition Management

To help you meet your educational expenses, Central Piedmont Community College is proud to offer FACTS as a convenient budget plan. This is not a loan program. You have no debt, there are no interest or finance charges assessed, and there is no credit check. The cost to budget your interest-free monthly payment plan is a $25 per semester nonrefundable FACTS Enrollment Fee.