Loan Programs
RAINY RIVER COMMUNITY COLLEGE
LOAN PROGRAMS
Although many of you will complete your RRCC college program debt free, we have a variety of loan programs available. It is our policy not to award loans without a personal request from the student. First time borrowers must complete loan entrance counseling before receiving their first disbursement. All students with loans must attend an exit interview prior to leaving RRCC.
Loans Include:
Federal Subsidized Stafford
Federal Unsubsidized Stafford
Federal Parent Loans for Undergraduate Students (PLUS)
Student Education Loan Fund (SELF)Click Here to Apply for a Student Loan
Exit Counseling for Stafford Loan borrowers
EMERGENCY SHORT TERM LOANS
These loans are available to you for college associated needs in amounts up to $250. You must guarantee this type of loan with the following semester's financial aid. Please contact the Financial Aid Director at 218-285-2205 to apply for this type of loan.Code of Conduct for RRCC Financial Aid Office Employees
This Code of Conduct is in response to the Higher Education Opportunity Act signed August, 14, 2008. This code is applicable to all RRCC employees with responsibilities related to Federal Title IV student loans and prohibits a conflict of interest. Where applicable, this code is superseded by MnSCU Employee Code of Conduct, if more restrictive.These employees are restricted from:
1. Revenue sharing arrangements,
2. Receiving most lender gifts, including those to family members, with certain minimal exceptions,
3. Receiving fees or other compensation for consulting with lenders,
4. Using the award packaging or other methods to assign first-time borrowers to certain lenders,
5. Delaying or refusing to certify any loan based on the borrower's choice of lender,
6. Accepting any funds for private education loans in exchange for benefits to the lenders such as a preferred lender arrangement,
7. Requesting or accepting assistance from any lender for call-center staffing or financial aid office staffing, and
8. Receiving any compensation or financial benefit for service other than reasonable reimbursement of expenses for any financial aid office employee who serves on a lender's advisory board.
Rainy River Community College - Phone: 218.285.7722 - 1501 Highway 71 - International Falls Mn 56649
Proud member of the Minnesota State Colleges and Universities System and Northeast Higher Education District