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Federal Loan Programs

There are many different types of Federal Aid you may qualify for. We encourage our students to borrow carefully. We inform students of their eligibility and let them decide if they want to borrow. Federal Loans are low-interest loans. The Federal Government sets the interest rate on these loans annually. The various types of Federal Loans include those outlined below:

Loan Type Eligibility Annual Loan Limits Features

Perkins Loan
[apply]

 

U.S. Citizen or permanent resident

Enrolled at least half-time

Satisfactory Academic Progress

Need-based

Up to $3000*

Repayment begins nine months after the borrower graduates, withdraws or drops below half-time.

Interest is paid by the federal government while the borrower is in school.

Borrowers have up to 10 years to repay.

There are no fees.

Interest rate fixed at 5%

Subsidized Stafford Loans
[apply]

U.S. Citizen or permanent resident

Enrolled at least half-time

Satisfactory Academic Progress Met

Need-based

$8500** depending on need

Repayment begins six months after the borrower graduates, withdraws or drops below half-time.

Interest is paid by the federal government while the borrower is in school, during grace or deferment periods.

Borrowers have up to 10 years to repay.

Fees from 0 up to 3% may be deducted at disbursement.

The aggregate loan amount for graduate students is $65,500 (including undergraduate loans).

Interest rate fixed at 6.8%

Unsubsidized Stafford Loans
[apply]

U.S. Citizen or permanent resident

Enrolled at least half-time

Satisfactory Academic Progress Met

Not based on need

$10,000** depending on need

Repayment begins six months after the borrower graduates, withdraws or drops below half-time.

Borrower pays the interest. Borrower has the option of making interest-only payments while in school or allowing the interest to accrue and be capitalized at repayment.

Borrowers have up to 10 years to repay.

Fees from 0 up to 3% may be deducted at disbursement.

Interest rate fixed at 6.8%

Graduate PLUS Loans Interest rate fixed at 8.5%

*Perkins loans can not exceed an aggregate loan amount of $40,000 (including any previous Perkins Loans).

**Stafford loans are limited federally to $18,500 per academic year for graduate students and can not exceed an aggregate total of $138,500 for all student loans including undergraduate loan debt.

Applying for Perkins Loans
Recipients of Perkins Loans are notified by the Financial Aid Office. Once notified that you are eligible to receive a Perkins Loan, several steps are required to apply for Federal Perkins Loans.

  1. All new borrowers must complete online Perkins Loan Entrance Counseling (click on EdTest in the upper right hand corner) before any federal loan check can be applied to their student account or disbursed. The school will be notified electronically when you complete the counseling session.
  2. Complete and sign the Federal Perkins Loan Master Promissory Note (file name: Perkins Loan MPN) and return it to the Financial Aid Office.

Applying for Federal Stafford Loans (Subsidized or Unsubsidized)
Complete the Free Application for Federal Student Aid (FAFSA). Students who have not previously received a Federal Stafford Loan while at Claremont School of Theology must complete the following steps. Your student loan will not be processed nor funds released until you have completed the steps below.

Step 1: Prior to choosing a lender, you must successfully complete online entrance counseling.

  • Complete "Entrance Counseling" online. You must answer all questions and fill in all required fields. Upon successful completion of the session, EdFund will electronically notify Claremont School of Theology.
  • Click HERE to create a budget. (Optional)

Step 2: After completing the required Entrance Counseling, select a lender.

Step 3: Review the lender's borrower benefits. Select a lender and click on that lender's link. You will be directed to the lender's website. Follow the online Stafford Loan application process including steps for electronic signature. The school will be notified electronically when you complete the master promissory note with the lender.

Step 4: Access your student loan history online. You will need your FAFSA pin in order to access your information.





Federal Work-Study Program

The Federal Work-Study Program was established to stimulate and promote part-time employment for students who are in need of earnings to finance the cost of higher education. The law requires that participants be in good academic standing, be citizens or permanent residents of the United States, and demonstrate financial need. Students are paid $8 per hour and may work up to 15 hours per week during school periods and up to 30 hours per week during vacation periods. The amount of the award is based on a student's need as determined by the Financial Aid Office and available funds.

All federal work-study jobs are located on campus. The following departments have Federal Work Study jobs available: Admissions, Registrar, Dean's Office/Student Life, Mailroom/Housing, Library, Audio Visual/Mudd Theatre, Moore Cultural Center and Research Assistants. Click here to download the Student Employment Application. Please note that most employment opportunities are filled at the beginning of the fall semester.

Application Process

  1. Verify your eligibility to work on campus with the Financial Aid Office.
  2. Review the department position descriptions below.
  3. Complete the Student Employment Application. Write on the application the specific department/s you are interested in working for. If you will consider working in any department, write "Open" in the Employment Interest box.
  4. Return the completed Student Employment Application to the Financial Aid Office.
  5. The Financial Aid Office will forward a copy of your application to the department/s you specified on your application. If you did not specify a department, your application will be shared with all departments.
  6. Departments will contact you directly for an interview if they are considering you for employment.
  7. Upon receiving an offer of employment, stop by the Financial Aid Office to receive a Student Contract.

NOTE: Students are required to complete ALL payroll paperwork prior to their first day of work. Please call 909-447-2560 to set up an appointment.

How will you be paid? Timesheets (signed by you and your supervisor) must be submitted by the 3rd and 18th of the month. Paychecks are issued directly to you on the 15th and the last day of the month.

On-Campus Job Opportunities

Below are brief descriptions of the employment opportunities on campus. Please contact the department directly for additional job responsibilities.

Admission Counselor
Students welcome prospective students by answering questions via phone and email, preparing newsletters, mailing packets, maintaining the database, leading campus tours, and organizing special events. Students also counsel prospective students, when appropriate, on degree programs, campus life, and student organizations.

Audio Visual/Theatre
Duties include Media and Arts tasks. Positions require a minimum commitment of 5 to 10 hours per week.

Deans' Office 1
Preferred skills include attention to detail and accuracy and a friendly professional manner. Computer, photocopying and general office skills are also helpful. Office position is with the offices of the Academic Dean and the Dean of Student Life and Campus Pastor. Requires a work commitment of 8 hours per week.

Deans' Office 2
This position is for the Deans' Tea held every Thursday. Includes shopping, preparing the table, and cleaning up. The position also includes the Art Cart activity which may be held in the evening once a week. Requires a work commitment of 7 hours per week.

Information Technology
The Information Technology Assistant provides general IT support for Computer Lab users and Library clientele, routine maintenance of computers and peripherals in the Library and the Computer Lab, maintenance of student email accounts, assistance with Library and IT Web site maintenance, and help for the IT Department in installations and upgrades.

Library
Library Student Assistants provide support to 5 Library departments, with various responsibilities.

  • Reference: managing interlibrary loan requests, processing electronic reserves, creating educational exhibits, providing reference assistance, and handling donated books;
  • Circulation: maintaining service hours, particularly on evenings and weekends, providing prompt patron service, performing most circulation transactions, shelving returned books, maintaining book stacks, processing print reserves, assisting with copiers and printers, providing directional information, and data entry;
  • Support Services: handling journal subscriptions (check-in and claiming), processing and shelving new journal issues, assisting with monographic acquisitions;
  • Cataloging: database searching, data entry, preliminary authority control, sorting new books, physical processing of books; and
  • Library Director: database searching, assisting in acquisitions, translating Library publications into other languages, assisting in other departments.
Most of these positions require a commitment of 8 to 15 hours per week. Skill requirements are: accuracy and attention to detail, computer familiarity, and the ability to deal with the diversity of Library users in a friendly and professional manner. Facility in English communication is essential for some positions. Library experience is preferred, but not required.

Mailroom
Primary responsibilities include sorting mail as soon as it arrives from the post office and delivering all office mail and packages as soon as possible. Deliver mail to the Butler Building offices and student housing. Post all mail with the postage machine, making sure that the correct postage accounts and amounts are used. Perform copy jobs for staff or faculty. Deliver all outgoing mail to Claremont post office and drop any FedEx packages in the FedEx drop box located outside of the Claremont post office, directly after closing the Mailroom at 4pm.

Registrar's Office
The primary responsibility of the Student Worker will be the Scanning Project. This will consist of scanning the hard copy academic records of Claremont School of Theology so that they can be maintained in a secure electronic format. The student will perform general office duties including filing, data entry, answering the telephone and answering general inquiries from students, faculty and staff. Assist with student registration and graduation activities.

Research Assistants
These positions are usually year-long jobs with a faculty member. Individual faculty members initiate the appointments. Faculty members may give preference to students who are eligible for Federal Work Study, but they are not required to do so.

Moore Cultural Center Story Time Assistant
Assist in the coordination of Moore Cultural Center story time. Involved in recruiting storytellers, produce brochures and prepare materials.

Worship Council Members
Work with Dean of Student Life and Campus Pastor to create and carry out weekly community worship and other worship opportunities on campus, paying attention to detailed work related to worship. Council members will contact the preachers, implement their ideas, and recruit persons to assist in providing a diverse worship experience. Attend weekly planning meetings and monthly meeting of the Faculty Committee on Community Life and Worship. Work as a team of two persons, 4 hours per week each.





Institution Funded Work Stipend

This program was established by the Claremont School of Theology to help students in meeting their educational goals. Students are required to be in good academic standing and demonstrate financial need. This program allows the School to offer more on-campus jobs to students and is open to students who do not qualify for the Federal Work Study program. All jobs are located on campus in the same departments as those for Federal Work Study (see above). Work stipend jobs have the same requirements as work study jobs. Please note that most employment opportunities are filled at the beginning of the fall semester.

Application Process

  1. Verify your eligibility to work on campus with the Financial Aid Office.
  2. Review the department position descriptions below.
  3. Complete the Student Employment Application. Write on the application the specific department/s you are interested in working for. If you will consider working in any department, write "Open" in the Employment Interest box.
  4. Return the completed Student Employment Application to the Financial Aid Office.
  5. Financial Aid Office will forward a copy of your application to the department/s you specified on your application. If you did not specify a department, your application will be shared with all departments.
  6. Departments will contact you directly for an interview if they are considering you for employment.
  7. Upon receiving an offer of employment, stop by the Financial Aid Office to receive a Student Contract.

NOTE: Students are required to complete ALL payroll paperwork prior to their first day of work. Please call 909-447-2560 to set up an appointment.





Exit Counseling

All Federal Stafford Loan borrowers graduating or not returning to Claremont School of Theology as at least a half-time student must complete Exit Counseling before they graduate or leave Claremont School of Theology. To comply with these federal regulations access the Edfund website, follow the instructions for Exit Counseling, and submit the information electronically. The School will be notified electronically when you complete the counseling session.







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