Loans help cover your cost to attend SMC.
Loans are borrowed funds which must be repaid, with interest. Most loans allow you to wait until after you graduate to begin making payments (deferment).
Direct Student Loans
Direct Student Loans are low-interest loans for students to help pay for the cost of education after high school. The lender is the U.S. Department of Education rather than a bank or other financial institution.
How to apply for a Direct Student Loan:
- Complete the FAFSA.
- Complete Direct Loan Entrance Counseling.
- Electronically sign a Master Promissory Note.
- Request an adjustment to their Loan by emailing their financial aid counselor.
Maintain Your Direct Student Loan Debt:
- Review your student loan debt at studentaid.gov. All Title IV loans received by students and/or parents are reported to the National Student Loan Data System (NSLDS). The information is accessible by guaranty agencies, lenders and institutions determined to be authorized users of the data system.
- Update your address and phone number with your Student Loan Servicer and SMC.
- If you are experiencing problems repaying your loans, contact your Student Loan Servicer or SMC.

At Spartanburg Methodist College, we understand that student loans can be intimidating. That’s why we have partnered with Inceptia, a division of the National Student Loan Program, to provide you with free assistance on your student loan obligations to ensure you feel comfortable and can be successful in your loan repayment.
Inceptia may be calling to help you with next steps in your repayment journey. Their friendly counselors are there to help you every step of the way. While you are in your grace period, they might reach out to you to answer questions you may have on your repayment options. If you become delinquent on your loans, they may also contact you to help find a solution that works within your means. The
Inceptia counselors are there to help you with every step by staying in touch with you via phone calls, letters, and/or emails. They will not be collecting money from you. Inceptia’s nonprofit purpose is to help you find answers to your questions and solutions to your issues. We encourage you to visit Inceptia’s Student Loan Knowledge HQ website at HeroKnowl.org.