If you apply for financial aid, you may be offered loans as part of your school’s financial aid offer. A loan is money you borrow and must pay back with interest.

If you decide to take out a loan, make sure you understand who is making the loan and the terms and conditions of the loan. Student loans can come from the federal government or from private sources such as a bank or financial institution. Loans made by the federal government, called federal student loans, usually offer borrowers lower interest rates and have more flexible repayment options than loans.

Approximately 50% of KSU students borrow a student loan.

For the 2015 year, the default rates on student loans are:

  • 6.4% for Kennesaw State Students
  • 11.3% for the State of Georgia
  • 10.8% Nationally

  • faf

    Know More, Borrow Less

    An initiative to ensure students are aware of their student loan debt