How exactly to make an application for Federal figuratively speaking and Parent Loans

How exactly to make an application for Federal figuratively speaking and Parent Loans

Considering that the summertime 2010 Semester, NCCC participates solely in the William D. Ford Federal Direct Loan Program. Under the program, students and parents borrow straight from the government that is federal purchase university expenses, in place of a bank or credit union.

The starting place for all educational funding may be the FAFSA application. Pupils must first complete this application first (every 12 months), before education loan eligibility may be determined. When you yourself have maybe not currently finished the FAFSA Application and received an award package from NCCC, please relate to our how exactly to make an application for financial help Webpage for guidelines so you can get started in the school funding procedure. It is possible to come back to this web page later – as soon as your educational funding applications have now been prepared.

Federal Stafford Student Education Loans – How Exactly To Apply

Step One. Submit the NCCC Federal Stafford application for the loan towards the Financial help workplace

The award letter that you received from NCCC shows the utmost dollar worth of your eligibility for an educatonal loan. There is no need to borrow the amount that is full you cannot borrow a lot more than your eligibility. You must first complete the William Ford Federal Direct Loan Application which you can access and print on the FORMS tab if you have decided to borrow a student loan under the Federal Direct Stafford Loan Program. Submit the finished form towards the school funding workplace after finishing the mandatory online actions that are down the page in actions 3 and 4. Please wait until this application is processed because of the school funding workplace along with gotten your approval before continuing towards the step that is next.

Step 2. Prepare to perform the online Direct Stafford Loan Application Process

After you have gotten your loan approval through the school funding Office, you will need to access the net to complete the processing that is on-line. Continue reading “How exactly to make an application for Federal figuratively speaking and Parent Loans”