|The typical student at Teterboro School may
accumulate approximately $12,000.00 in student loan debt This
debt is represented by Direct Loans, both Subsidized and
For assistance in
applying for financial aid, please click
Federal Direct Student Loan Programs:
Teterboro School uses the Federal Direct Student Loan
Program with the U.S. Department of Education as the lender. All
loans, including Stafford Loans, Unsubsidized Stafford Loans, and PLUS Loans
for parents, are originated through the school or directly through the
student loan website,
www.studentloans.gov . Loans are capped at the amount that a
student needs to complete the tuition at the school.
It is important to remember that a loan obligation is
vital to your future success, so it is not to be taken lightly. If you
do not satisfactory pay back the loan it will affect your future job
prospects, credit and other life challenges.
Completing the Counseling Sessions:
All Students are responsible for completing the
Entrance Counseling session, before
any funds are distributed. In addition, the student is expected to complete
session prior to graduation . We have links to each of these
sessions for your convenience.
Managing Loans Online:
After you graduate/leave school, your loan has already
been assigned to a loan servicer. These servicers will be responsible
for billing and receiving your loan payments. It is imperative that
you contact them shortly after leaving school to set up your account and
prepare for repayment. For those seeking to manage their loans online,
we have provided links to assist you. We have established links to the
5 most popular Loan Servicers. Please
Financial Aid Package:
Teterboro School tries to maximize
grants for the students who qualify. If the student wishes, student
loans are added to the student's financial aid package. If this aid
package is not enough to cover the student's tuition, the student may have
to consider alternative funding to supplement the shortage. On our
"Financial Aid Information Websites" page we have listed some sites to
explore. Teterboro School only lists these sites to assist you.
We do not endorse, or recommend any particular site. As with all
financial matters, you should use your best judgment.