finaid@inverhills.edu
651-450-3495
CC257
Fall 2019 - September 24, 2019
Spring 2020 - February 11, 2020
Summer 2020 - June 24, 2020
Fall 2020 - September 22, 2020
The Inver Hills Foundation provides private scholarships for Inver Hills students. Scholarships are sponsored by staff, faculty, corporations, communities, organizations and individuals. To learn more, visit Scholarship Information.
Since 2006, Travelers has provided more than $470,000 in grants to support unique and holistic programs to enhance the academic and professional experience for underrepresented students at Inver Hills Community College.
Programs funded through the Travelers Foundation:
To apply for loans, you must have received your financial aid award notification letter from Inver Hills for the appropriate term. Your award notification indicates your eligibility for federal student loans. Login to E-services to view your award notification letter.
Under the Direct Loan program, you will apply for and receive your loan funds directly from the U.S. Department of Education rather than through a private lender. When you borrow a Direct Loan, you must complete Student Loan Entrance Counseling and a Master Promissory Note (MPN). Visit Federal Student Aid to learn more, including how your parents can apply for a direct loan on your behalf as a dependent child through a Federal PLUS Loan.
Annual loan limits for the academic year are listed in the table below.
Grade Level | Subsidized Stafford:
Dependent and Independent Students |
Unsubsidized Stafford:
Dependent Student |
Unsubsidized Stafford:
Independent Student |
Grade 1 | $3,500 | $5,500* | $9,500* |
Grade 2 | $4,500 | $6,500* | $10,500* |
* less total Subsidized Stafford for same enrollment period |
Federal Student Aid Direct Loan payment plans explain available repayment options while providing a loan repayment calculator. You can also retrieve your loan information at National Student Loan Data System Student Access. Your Federal Direct Loan will not automatically be discharged in bankruptcy. On average, students at Inver Hills borrow nearly $8,900 in federal student loans.
With subsidized direct loans, principal payments are deferred while you are in school period; the federal government pays all interest. Unsubsidized direct loans can be deferred while you are in school, but interest accrues to you, the borrower, and must either be paid or added to the principal balance of loan.
With Direct Loans, you have a six-month grace period before you must make your first payment. The grace period begins the day after you cease half-time enrollment.
Getting a job on campus begins when you receive an award notification letter that lists your student employment eligibility.
To learn more about working on campus, contact:
Michael Crider
Work-Study Coordinator
mcrider@inverhills.edu
651-450-3354