Student Loans
Georgia Student Access Loan Programs (Sal/SALT): www.gsfc.org/secure/lg/
In order to receive the Student Access Loan, students must:
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Be considered a Georgia resident and United States citizen or eligible non-citizen.
Complete a valid Free Application for Federal Student Aid (FAFSA) in order to apply for
this program.
Maintain Satisfactory Academic Progress (SAP) in accordance with the SAP policy at
their college or university.
Must be enrolled in an eligible Georgia postsecondary institution.
Meet all eligibility requirements.
Student Access Loan (SAL):
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Interest rate structure for loans received on or after July 1, 2014:
 Fixed rate of 1% while in school and out of school as long as the loan remains in
good standing.
 A monthly Keep In Touch (KIT) Payment of $10.00 is required approximately 60
days after the first disbursement is received. The monthly KIT Payment is
required while in school and while in grace period.
Repayment is a maximum of ten (10) years with a minimum payment of $50.00 for loans
received on or after July 1, 2014.
The minimum loan amount is $500. The maximum loan limit is $10,000 per year up to a
maximum of $40,000 over a college lifetime.
Origination Fee - A non-refundable fee of 5% of the loan amount, but not more than
$50.00, is deducted from the first disbursement of the loan.
SAL is an annual process which includes application, selection, certification, approval,
and disbursement.
 The program is also designed to provide service cancellation opportunities to
those who work in select public service sectors or STEM fields.
 Students are randomly selected to participate in the program (Note: Selection does
not guarantee approval and applicants may or may not be selected each
application year).
Student Access Loan- Technical (SALT):
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Interest rate structure for loans received on or after July 1, 2014:
 Fixed rate of 1% while in school and out of school as long as the loan remains in
good standing.
 A monthly Keep In Touch (KIT) Payment of $10.00 is required approximately 60
days after the first disbursement is received. The monthly KIT Payment is
required while in school and while in grace period.
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Repayment is a maximum of ten (10) years with a minimum payment of $50.00 for loans
received on or after July 1, 2014.
The minimum loan amount is $300. The maximum loan limit is $3,000 per year up to a
maximum of $12,000 over a college lifetime.
Origination Fee - A non-refundable fee of 5% of the loan amount, but not more than
$50.00, is deducted from the first disbursement of the loan.
SALT is an annual process which includes application, selection, certification, approval,
and disbursement.
 The program is also designed to provide loan discharge to those students who
graduate with a minimum 3.5 cumulative Grade Point Average in program of
study for which the loan was received.
 The SALT is first come, first served based on the funds available.
Discover Student Loan:
Covers up to 100% of school-certified college and graduate school costs. Zero fess. Competitive
rates. Get an interest rate reduction when you sign up for automatic payments. Choose in-school
or deferred payment option. Rewards for good grades. Free customized scholarship search.
Apply in as little as 15 minutes or less. 100% US-based Student Loan Specialists, available
anytime. Consider adding a cosigner.
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Variable interest rates as low as 3 month LIBOR +2.74% (currently 2.99% APR)
Fixed interest rates as low as 5.99% APR
Wells Fargo Loan:
A college education is a worthwhile investment, but sometimes you need help covering all the
costs. Wells Fargo private student loans may be able to help you pay for your education (minus
other financial aid)2, including all eligible education-related expenses such as tuition, housing,
books, a laptop, lab fees, and more.
Other benefits include:
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Make no payments until six months after leaving school1
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Pay no application, origination, or early repayment fees
Select a competitive fixed or variable interest rate option
Reduce your loan cost with our interest rate discounts
Applying with a cosigner may improve your chance of getting approved and could help you
qualify for a lower interest rate.
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