Georgia Student Access Loan (SAL) Program

Georgia Student Finance Authority (GSFA) offers the Student Access Loan Program (SAL) for eligible students attending an eligible Private postsecondary institution in Georgia. The SAL is a 1 percent fixed rate loan, designed to assist undergraduate college students who have a gap in meeting their educational costs.

In order to receive the SAL, students must:

  • Be considered a Georgia resident and United States citizen or eligible non-citizen.
  • Complete a valid Free Application for Federal Student Aid (FAFSA) in order to apply for this program.
  • Maintain Satisfactory Academic Progress (SAP) in accordance with the SAP policy at their college or university.
  • Must be enrolled in an eligible Georgia postsecondary institution.
  • Previous SAL borrowers must be current on their monthly KIT payments.
  • Meet all eligibility requirements.

Students Attending Private Postsecondary Institution in Georgia

  • Applicants must have first applied for and exhausted all other student financial aid options including federal and state student loans, scholarship, and grant programs and Veterans Educational Benefits.
  • Interest rate structure for loans received on or after July 1, 2014:
    • Fixed rate of 1 percent while in school and out of school as long as the loan remains in good standing.
    • A monthly Keep In Touch (KIT) Payment of $10 is required approximately 60 days after the first disbursement is received. The monthly KIT Payment is required while in school and while in grace period.
  • Repayment is a maximum of fifteen (15) years with a minimum payment of $50 for loans received on or after July 1, 2015.
  • The minimum annual loan amount is $500.
  • The maximum term loan amount is $4,000.
  • The maximum loan limit is $8,000 per year and up to a maximum of $36,000 over a college lifetime.
  • The annual amount that an Applicant may be awarded under the SAL program is the cost of attendance less the student's expected family contribution and less the expected financial aid in accordance with the program regulations.
  • Origination Fee - A non-refundable fee of 5 percent of the loan amount, but not more than $50, is deducted from the first disbursement of the loan.
  • The program is also designed to provide service cancellation opportunities to private postsecondary institutions students who work in public service sectors in Georgia.

Application windows vary and are posted online at Additional information and application are available on-line at