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Student Loans

Student loans can be a valuable part of paying for your education. SLCC administers three federal loan programs and two college loan programs. Private loans also may be available.

Loans are not available for attending the School of Applied Technology.


Federal Loans

Stafford Student Loan (subsidized/unsubsidized)

  • Available to students who demonstrate financial need.
  • If you've completed less than 30 credit hours, the annual loan limit is $3,500.
  • If you've completed 30 hours or more, the annual loan limit is $4,500.
  • Repayment begins 6 months after you cease half-time enrollment (6 credit hours).
  • Minimum payment is $50 a month and may be higher depending on the total amount borrowed.
  • Maximum time frame allowed for repayment is 10 years but may be longer, depending on available repayment options.
  • The interest rate is variable and determined by the U.S. Congress.
  • Subsidized loans do not accrue interest while you're attending at least half time (6 credit hours).
  • Unsubsidized loans accrue interest during the loan period, and borrowers may pay the interest while in school, or have it capitalized, which means unpaid interest is added to your loan principal.
  • An additional unsubsidized amount may be available to students and may be requested by completing an Additional Unsubsidized Loan Application and meeting with a Financial Aid adviser.
  • Borrowers must complete Loan Entrance Counseling and sign a Master Promissory Note (MPN) by logging in at studentloans.gov.
  • For more information, contact 801-957-4410 during business hours or FinancialAid@slcc.edu.

Perkins Loan

  • Available to students who demonstrate financial need.
  • $100 to $2,700, depending on need and available funds.
  • Repayment begins 9 months after graduation, if you leave school or drop below six credit hours.
  • The minimum repayment is $40 a month and may be higher depending on the total amount borrowed.
  • Maximum time for repayment is 10 years, not including deferment periods.
  • The interest rate is fixed at 5 percent.
  • Borrowers must sign a Master Promissory Note (MPN) in person at Cashier Services in the basement of the Student Center (STC) on the Taylorsville Redwood Campus. Be sure to bring a current Driver's License or state-issued ID.
  • For more information on the Perkins Loan, contact 801-957-4633 during business hours or studentloans@slcc.edu.

Parent Loan for Undergraduate Students (PLUS)

  • Available to parents of dependent students.
  • The award may not exceed Educational Expenses, after deducting other estimated financial aid, such as federal grants.
  • The interest rate is variable and cannot exceed 9 percent.
  • Repayment begins 60 days after disbursement.
  • For more information, contact 801-957-4410 during business hours or FinancialAid@slcc.edu.

College Loans

Semester Tuition Installment Loan (STIL)

STIL lets you spread your tuition and fees over four monthly payments for fall and spring semesters, and three payments for the summer semester. There's a $30 application fee per semester.

Apply Online:

  • MySLCC
  • Tuition & Financial Aid
  • Payment Information
  • Enroll in a Payment Plan (STIL)

If you're younger than 18, you must apply for STIL using this STIL form.

STIL Facts

  • Your first installment must be paid at the time of application.
  • Monthly payments are made by the 10th of each month.
  • If you add classes after your STIL is approved, tuition from the classes will be added to your STIL, and your next monthly payment will increase accordingly.
  • If you drop a class during the tuition refund period, the amount of credit you receive, if any, will apply to your next STIL payment.
  • If your payment is not received by the due date, you will be assessed a $15 late fee and a hold will be placed on your school records.
  • You'll be charged $20 for returned checks, as well as a $50 late-tuition fee. Fees and penalties are paid prior to the application of any payments to your STIL outstanding balance.

Failure to pay your STIL

  • STIL is an approved loan for education, which is non-dischargeable in a bankruptcy court.
  • If you fail to fully pay your STIL, SLCC pursues all financial obligations to the fullest extent of the law.
  • SLCC may place holds on your student account, which may include registration, transcripts, grades, and graduation.
  • SLCC may also pursue liens against Utah State Income Tax Returns, referrals to collection agencies, and litigation.
  • Interest will be charged at the rate of 1.5 percent per month (18 percent per year) on any amount over 30 days past due.
  • By signing the STIL application, you agree to pay costs incurred in the collection process of this plan, which may include late charges, attorney's fees, charges or commissions of up to 50 percent that may be assessed by a collection agency.

For more information on STIL, contact 801-957-4480 during business hours or accountsreceivable@slcc.edu.

Emergency Book Loans

  • Available to students enrolled in a minimum of 6 credit hours and meeting satisfactory progress standards at SLCC.
  • Applications are available beginning the first day of the semester at the Taylorsville Redwood Financial Aid Office.
  • Maximum loan amount is $350 to purchase books and supplies.
  • The full loan amount, plus a $10 service charge, is due by the end of the semester.
  • For more information, contact 801-957-4480 during business hours or accountsreceivable@slcc.edu.

Private Student Loans

Private Lending

  • As a general rule, students should only consider obtaining a private education loan if they've maxed out the Federal Direct Stafford Loans.
  • The award may not exceed Educational Expenses, after deducting other estimated financial aid, such as federal grants.
  • Interest rates vary based on lenders and credit worthiness, and co-signers often are required.
  • You may apply for private loans at FASTChoice.

Repaying your Loans

Salt Lake Community College

4600 South Redwood Road
Salt Lake City, UT 84123
801-957-SLCC (7522)

Student Services hours: M-Th: 8 am - 7 pm; Fr 8 am - 4:30 pm
Enrollment Info: 801-957-4073

Technical Support

Live Chat
801-957-5555
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