Do I need to know anything as a first time borrower?

Updated October 11, 2022

There is a lot you need to know as a first time borrower. Here are just a couple of the things you need to know:

  1. If you are a first year student, the very first term you borrow, your student loans will be delayed by 30 days from the first day of the term
  2. If you are accepting unsubsidized loans, you will be charged interest as soon as you receive the loan
  3. You can pay the interest on loans while you’re in school and save yourself money in the long run

We strongly recommend that you review the Managing Your Financial Aid module in PCC’s Panther Tracks for more information and tips.