Students applying for the Loan must complete the following steps.
- Complete your online loan application at www.studentloans.gov .
- If you are a first time borrower, complete your loan entrance counseling at www.studentloans.gov .
- Complete the loan request form and return it to the Financial Aid Office.
- You must be enrolled in a minimum of 6 credits for the quarter in which you are requesting the loan.
- Meet satisfactory academic progress requirements.
- Students who have never attended college before are required to have their loan proceeds disbursed no earlier than 30 calendar days from the first day of class.
- If you are requesting a one-quarter loan, the loan will be disbursed in two equal payments.
Annual Loan Maximums
Dependent students - required to provide parent information on the FAFSA
- First year (5 - 44 credits) $5,500 per year, ($3,500 subsidized, $2,000 unsubsidized)
- Second year (45 plus credits) $6,500 per year, ($4,500 subsidized, $2,000 unsubsidized)
- First year (0 - 44 credits) $3,500 plus an additional $6,000
- Second year (45 plus credits) $4,500 plus an additional $6,000
- Enrollment Level drops below 6 credits OR
- Terminated from financial aid eligibility OR
- Program has been completed (graduated).
For more information, please visit www.studentloans.gov .
Visit the National Student Loan Data System (NSLDS) to view information about all of the federal student loans you have received and to find contact information for the loan servicer or lender for your loans. You will need your Federal Student Aid PIN to access your information.
Difficulty repaying your loans? To make payments more affordable, repayment plans can be based on your income. You may also enter into a repayment plan that will allow more time to repay your loans. Work with your loan servicer to choose a federal student loan repayment plan that is best for you.