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Government Sponsored Low Interest Student Loans
Jackie Morrison of First National Bank in Venice explains a government sponsored loan program for college bound students and graduates. Loans up to 2500 yearly with 7500 cap over four years for undergrads and 15000 for enrollment. graduate limits 5000 yearly. Seven percent interest while in school. one year grace after graduation before payments. Since 1968, bank has issued 192 loans with 85 students currently enrolled and 45 graduates repaying.
MENTIONED IN THIS ARTICLE
Jackie Morrison
First National Bank
Venice
Miss Morrison
Duke University
Morrison
First National
State Education Commission
Helen Stephan
Martin