Loan Request Form





Please answer the following questions:

1. I have had a prior student loan.
3. Exceptions-single term loan requests
  • All guaranteed student loans will be processed through the Federal Direct Loan program. Under this program, all guaranteed student loans will be funded by the Department of Education.

  • The Department of Education establishes an annual maximum loan limit for Federal Direct Loans.
    • Currently the following maximum limits are:
    a. Dependent Students:
    First Year - $5500 (no more than $3500 may be subsidized)
    Second Year - $6500 (no more than $4500 may be subsidized)
    b. Independent Students:
    First year - $9500 (no more than $3500 may be subsidized)
    Second year - $10,500 (no more than $4500 may be subsidized)
  • For loan limit requirements, students with less than 30 credit hours completed toward their current active degree plan will be classified as first year. Students with 30 or more credit hours completed toward their current active degree plan will be classified as second year.

  • Students may not be eligible to receive the maximum annual loan limit during the academic year. Students’ loan awards may not exceed the student’s cost of attendance minus any financial aid awarded minus other resources (for example, assistance received from the WIA program, DARS, or other outside resource such as scholarships).

  • The Department of Education also establishes an overall aggregate limit for Federal Direct Loans.
    • Currently the following maximum aggregate limits are:
    a. Dependent: $31,000
    b. Independent: $57,500
By submitting this form, I understand the following:
  • I must be enrolled in and begin attendance in a minimum of six credit hours per term.
  • I must have a completed financial aid file including a processed FAFSA and completion and submission of entrance counseling session and the Master Promissory Note. studentaid.gov
  • I agree and accept the award amount and acknowledge direct subsidized loans will be awarded first if I am eligible.
  • I understand the student loans awarding and disbursement information is available on the student portal.
  • I understand and will adhere to the current Satisfactory Academic Progress Policy of Student Financial Services as posted on the FPC web page.
  • I understand I have the option to change, modify or cancel my loan by submitting a written request to the Student Financial Services Office.