Financial Aid for Summer Language Study
The Center for Language Studies makes every effort to keep the cost of tuition affordable. If you are seeking financial aid, please look to the following resources.
Beloit College Field Experience Grant
Beloit College students can apply their Field Experience Grant to fund summer courses at the Center for Language Study. For details, check the Field Experience Program.
Foreign Language and Area Studies Fellowships
Beloit College does not currently receive funding through the Department of Education’s Foreign Language and Area Studies Fellowships Program. However, if a student’s home institution has been allocated funds through the FLAS program, these funds can be used for CLS courses. The funds may only be used for tuition; room and board is not included. For more information and to see if your institution is a participant, please visit the please visit the Foreign Language and Area Studies Fellowships Program website.
Federal and Private Loans
CLS students may use federal loans (Direct Subsidized and/or Unsubsidized, Perkins, and Direct PLUS) if they have annual and lifetime eligibility remaining. Use of Federal Loans will be predicated on the willingness of your home institution to complete a Consortium Agreement on your behalf.
You may apply for a private alternative loan (e.g., Sallie Mae, Wells Fargo, Discover, CitiAssist, etc). If you currently use this type of loan you should continue to use that same lender.
Private Alternate Loans
- Source: Private student loans (sometimes referred to as Alternative Loans) are available from private lenders (usually banks or credit unions) and are used to pay for expenses that haven't been met through other sources of aid or family support.
- Eligibility: Most private loans are based on a credit rating and since many students have not established a credit history, they will likely require a credit-worthy co-signer. The student's credit (or the credit of the co-singer) is the greatest determining factor in the terms of the loan (interest rate, fees, etc.).
- How to Apply: Students will typically apply for private loans directly through the lender's website. Once loan has been approved, Beloit College will be notified directly by the lender to certify the loan. If you have questions about how much to borrow or if you need help calculating your maximum eligibility, please contact the Financial Aid Office. Great Lake Higher Education Corporation (GLHEC), a loan servicer and guarantor, has created a comparison tool called FASTChoice that may be helpful as you explore private loan options. Though not exhaustive, FASTChoice includes lenders that have been used by Beloit College students in the past three years.
- Other Information: If you decide to pursue a private loan, you are free to select any lender you choose. We are happy to speak with you on the phone or in person if you have general questions about private loans though we will not advise you about specific lenders. Please think carefully about borrowing decisions and the long-term implications they will have on your finances.
These educational loans are the preferred loan option available to CLS students and are available through private institutions to credit-worthy students and and students who have a credit-worthy co-signer. Students should read the information below entitled "Procedures for Applying for Educational Loan Assistance." Students should contact the Office of Financial Aid at Beloit College, at 608.363.2663 for details.
Federal Direct Loans (Subsidized/Unsubsidized) and Perkins Loans
These federal loans are available to eligible students to help pay for post-secondary education. Your home institution must be willing to do a Consortium Agreement in order to borrow through these programs. Students should read the information below entitled "Procedures for Applying for Educational Loan Assistance." Students should also contact the Office of Financial Aid of their current institution for details.
Federal PLUS Loans
These federal loans are available to eligible parents to help pay for post-secondary education of their children. Students should read the information below entitled "Procedures for Applying for Educational Loan Assistance." Students should also contact the Office of Financial Aid of their current institution for details.
Applying for Educational Loan Assistance
You should first contact the financial aid office of the college or university in which you are currently enrolled to ask if an aid officer will process a loan request to cover summer language study at the Beloit College Center for Language Studies. Though it generally is within its authority to process such a request (if you are eligible), the decision to assist you in attending the CLS program depends on the policies of that office. Please inform the officer that the Beloit College Center for Language Studies will reimburse processing expenses up to $50 per application of students who complete the CLS program.
The college or university in which you are currently enrolled must have institutional policies or willingness to do a Consortium Agreement in order for you to be considered for the various types of federal financial aid to help with your program costs.
The preferred loan option for CLS students whose home institution is willing to do a Consortium Agreement is a commercially-funded loan program.
Please feel free to contact firstname.lastname@example.org, or the Director of Financial Aid at Beloit College at 608.363.2663, with any questions that you may have regarding financial aid for the CLS programs. If you are planning to obtain a loan for the Center for Language Studies summer program, we strongly encourage you to start this process as soon as possible.