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FEDERAL DIRECT STUDENT LOAN

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									  FEDERAL DIRECT STUDENT LOAN
CCAD participates in the Federal Direct Student Loan program, which provides long-term, low-interest loans to students.
The U.S. Department of Education is the lender for these loans.
For general information about the Direct Loan program visit www.studentloans.gov. Click on “Learn More,”
then “Direct Loan Overview,” then “Students.”

IMPORTANT: For 2012–2013 all new borrowers will need to complete a Federal Direct Loan Master Promissory Note (MPN)
and entrance counseling online. Students who have previously borrowed Federal Direct Student Loans at CCAD only
need to complete Step 3 below. Students who have not borrowed Federal Direct Student Loans at CCAD must complete
all three steps.

INSTRUCTIONS TO COMPLETE YOUR MPN AND APPLY FOR YOUR LOAN
Important: To complete the first two steps, you will need       Steps One and Two should take approximately 30 minutes
your social security number, your date of birth, and your       each. Allow time to complete each step in a single session.
Department of Education PIN (the same PIN used to               If you exit the website before completing a step, you will be
complete your FAFSA). If you don’t know whether you             required to begin that step again when you return.
have a PIN, you can easily check the status of your PIN         After each step is completed, the Financial Aid Office at
or request a duplicate PIN at www.pin.ed.gov.                   CCAD will receive an electronic notification.
STEP ONE: Complete the Student Loan Entrance                    STEP THREE: Accept your Federal Direct Student Loan.
Counseling online.
                                                                Review the award letter you received from CCAD. Complete
ALL students are required to complete Entrance Loan             the application for a Federal Direct Student loan (see reverse
Counseling online. Go to the Direct Loan website,               side of this form). Return your completed loan application
www.studentloans.gov, sign in using your social security        form to the Financial Aid Office at CCAD.
number, date of birth, and PIN, then click on “Complete
Entrance Counseling.” Complete the session.                     To protect you, federal regulations require CCAD to process
                                                                the total amount of your Federal Direct Subsidized Student
STEP TWO: Complete a new Federal Direct Loan                    Loan before processing any Federal Direct Unsubsidized
MPN online.                                                     Student Loan eligibility.
(a) Additional information you will need to complete your       After all three steps are completed, the Financial Aid
    Federal Direct Loan MPN includes:                           Office will be able to process your Federal Direct Student
   (i) Your driver’s license number (if you have one).          Loan(s). If you have any questions, contact us by phone at
   (ii) Two personal references with their full name,           614.222.3295 or by email at financialaid@ccad.edu.
        address, and telephone numbers. Each reference
        must have a U.S. address that is not the same as
        the student’s address, and the two references must
        not reside at the same address.
(b) Go to the Direct Loan website, www.studentloans.gov,
    sign in using your social security number, date of birth,
    and PIN, click on “Complete Master Promissory Note,”
    and then click on “Subsidized/Unsubsidized.” Fill in and
    submit the necessary information.
REQUEST (APPLICATION) FOR A FEDERAL DIRECT STUDENT LOAN 2012–2013
If a student wishes to borrow under the Federal Direct Loan program for the 2012–2013 academic year, he/she must
complete this form and return it by mail or fax to the Financial Aid Office at Columbus College of Art & Design.
This request form, also known as a loan application, is not a promissory note. You must complete a Federal Direct Loan
Master Promissory Note (MPN) electronically at www.studentloans.gov before submitting this request form. An MPN
has to be completed only once during a student’s time at CCAD, but a loan request form (this form) must be completed
each time a loan amount is requested.
This form is NOT to be used for the Federal Direct PLUS Loan. It is only for the Federal Direct Student Loan.
BORROWER (STUDENT) INFORMATION SECTION                                                                                                Please print neatly in ink or type.

SEMESTERS REQUESTED:             SUMMER         FALL       SPRING                             NOTE: A 1% origination fee will be deducted from your net loan
                                                                                              request. The 1% origination fee is retained by the lender to defray
Requested Loan Amount (if amount is left blank, the maximum eligibility will be certified):   origination costs and guarantee expense.
$

Student’s Last Name                  First Name                           MI                  Social Security Number


Permanent Street Address (If you have a P.O. Box, enter it AFTER your street address.)        Area Code/Telephone Number

                                                                                              (         )

City                                           State         ZIP Code                         Date of Birth (Month/Day/Birth Year)


Email Address                                                                                 Driver’s License State and Number

                                                                                              State:                          #:

U.S. Citizenship Status (Check one, and if “Permanent Resident/Other” is checked, list Registration Number.)

    U.S. Citizen    Permanent Resident/Other Eligible Non-Citizen (Alien Registration Number:                                                                          )

Expected College Graduation Date


Signature of Student Borrower                                                                                                  Date



Borrower’s Certification: My signature certifies that I understand that this request form is not a promissory note. I must
complete a Federal Direct Loan Master Promissory Note (MPN) electronically at www.studentloans.gov before submitting
this loan request. I authorize CCAD to use any Title IV funds in excess of my current charges to cover my remaining balance.
I give the CCAD Bursar’s Office the authority to use the proceeds of my Federal Direct Student Loan to offset my tuition and
fees, room and board, and any other outstanding charges owed to the college. I give consent to CCAD
to initiate my loan processing electronically.
If you have any questions, please feel free to contact the Financial Aid Office at CCAD by phone at 614.222.3295,
or by email at financialaid@ccad.edu. Return this form by mail or fax to the CCAD Financial Aid Office, 60 Cleveland Ave.,
Columbus OH 43215; fax 614.222.4034.
NOTICE TO FIRST-TIME BORROWERS: If you are a freshman and have NEVER borrowed under a federal loan program,
your initial disbursement date will be delayed for 30 days after the first term begins. Please see your disclosure statement
for details regarding disbursement dates.




           CCAD One-Stop Student Services
           60 Cleveland Ave., Columbus OH 43215
           P 614.222.3295 F 614.222.4034 financialaid@ccad.edu

								
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