All University of South Carolina system institutions will be closed through the end of the spring semester. Columbia campus virtual instruction will continue through the end of the Summer II semester (Aug 1). Details can be found on the coronavirus landing page.
If borrowing remains a necessity, consider all factors, such as loan servicing fees,
interest rates and repayment plans, to choose the best option for you. Loans are a
form of financial aid that must be paid back within a specific time after a student
graduates, leaves college or falls below half-time enrollment. The standard repayment
plan for federal loans is 10 years. If you are late with your payment, it can have
a negative effect on your credit history.