Loans | BCTC

Loans

Federal Direct Loans Program

The Federal Direct Loan Program provides financial assistance for undergraduate students attending post-secondary schools on at least a half-time basis.

All student loans are processed through the new Federal Direct Loan Program (Direct). This means that federal student loans will be funded by the U.S. Department of Education rather than private lenders. As an authorized participant, KCTCS Colleges will ensure students and parents are able to borrow funds to meet their educational needs. However, students and parents are required to take some steps to participate.

Students applying for a Federal Direct Loan for the first time must:

Private Loans

Bluegrass students who wish to apply for private loans may use the FastChoice website.  

  • FastChoice for Private Loans
  • Self-certification form - If you are borrowing a private student loan you must print, complete, and submit this form to your lender. If you need assistance completing section 2 of the form please visit the Financial Aid Office.

Repaying Your Loans

Repayment of your student loans may be a daunting task to consider. There are lots of options available to students once the repayment process begins. We encourage you to review the materials below and visit our Financial Aid Office to discuss what is best for you.

Finding loan information graphic with four golden characters on laptops

Finding Loan Information

Finding Loan Information (Flipbook)
Finding Loan Information (PDF)

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Consolidated Loan Forgiveness

Consolidated Loan Forgiveness (Flipbook)
Consolidated Loan Forgiveness
(PDF)
   
Scale with graduation papers on one side and cash on the other side

Standard Graduated Repayment

Standard Graduated Repayment (Flipbook)
Standard Graduated Repayment (PDF)

Graph going up and down with a penny sitting on top of it

Income Based Repayment

Income Based Repayment (Flipbook)
Income Based Repayment (PDF)

   
Calculator with papers and pencil

Extended Repayment

Extended Repayment (Flipbook)
Extended Repayment (PDF)

Dollar bill with coins on top of it

Income Sensitive/Contingent

Income Sensitive Repayment (Flipbook)
Income Sensitive Repayment (PDF)