Augusta Free School, Augusta University Leadership, Nancy Lackey Moses and SGA-Kiwanis Club Emergency Loans are short-term loans for continuing students, available for the purposes of registration and purchasing books. For more information on any of these loans, please contact the OSFA.

Direct Loan funds are provided to students by the Department of Education. These loans may be subsidized or unsubsidized. Once the initial financial aid application process has been completed, you may accept your loan via your POUNCE account. You must sign your Master Promissory Note (at before any loan funds can be sent to Augusta University. For more information about Direct Loans, contact the OSFA or visit The Student Guide websiteAll students who wish to apply for a Direct Loan MUST accept their loan via their POUNCE account. For additional loan information, please check Federal Student Aid - Loans page. 

Cohort Default Rate

3.5% AU
7.3% National
5.9%  AU
9.7%  National
6.1%  AU
10.1%  National

PLUS Loans are credit based loans available for parents of dependent students and graduate or professional students. Review benefits and apply for a Direct PLUS Loan with the Department of Education at

Alternative Loans are private loans made through lending institutions which allow students to borrow additional funds after they have reached their federal Direct Loan limit. These types of student loans are designed to help students meet the total cost of higher education. Research all possibilities for scholarships, grants, work study and federal loan programs before borrowing from an Alternative Loan program.

Federal Nursing Student Loans

Nursing Student Loans are low-interest federal loans offered to nursing students who have completed two years of study, and demonstrate financial need. Students must be enrolled for at least 6 credit hours and have filed a Free Application for Federal Student Aid (FAFSA). Obtain an application here.

More information on Federal Nursing Student Loans.

Student Access Loan (SAL)

The SAL program is administered by the Georgia Student Finance Commission (GSFC). It is a need-based, 1 percent fixed rate loan, designed to assist undergraduate students who have a gap in meeting their educational costs.

Students must first apply for and have exhausted ALL other federal and state student financial aid, scholarships, and grant options (including Federal Direct Unsubsidized Loans).

Students must complete the Free Application for Federal Student Aid (FAFSA) process.  Also, see additional program information and application instructions from the Website.