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FEDERAL STAFFORD LOAN REQUEST

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FEDERAL STAFFORD LOAN REQUEST Powered By Docstoc
					2009-2010 Federal Stafford Student Loan Steps
In order to complete the following steps, please visit www.edisonohio.edu/financialaid. Select Federal Loan Links.

1. Complete FAFSA and Apply to Edison
This would include—but is not limited to—the following: o Complete the verification process (when necessary) o Apply to Edison (only required of new students) o Declare an eligible program

2. Read Borrower’s Rights and Responsibilities online 3. Select a Lender
It is the student’s responsibility to remember the name of their lender and guarantee agency. If a student chooses a different lender from the previous year, the student will be required to sign a new MPN for the new lender. Edison Community College does not endorse or recommend one particular lender. To assist in your research, you may view the Lender List Guide online at www.edisonohio.edu/FinancialAid, choose Federal Loan Links, and then select Lender List Guide.

4. Complete Entrance Loan Counseling
If you have previously completed Entrance Loan Counseling with Edison, this step is not necessary.

5. Sign Master Promissory Note (MPN)
If you have previously completed an MPN, it is recommended that you contact the lender or servicer to ensure everything is in good standing. Some lenders have discontinued servicing FFELP loans for all or some schools. For a loan to be awarded, you must have an active Master Promissory Note with a lender who is currently certifying loans with Edison Community College. Transfer students must notify our office if they have a guarantee agency other than Great Lakes.

6. Complete and Sign the Loan Request
If you have further questions regarding this request and required steps, please refer to the Borrower’s Rights and Responsibilities, Loan FAQ, Loan Process form, and the Policies and Procedures Handbook. These items can be found by visiting www.edisonohio.edu/financialaid and then selecting Federal Loan Links.

7. Submit the Loan Request
The loan request can be mailed or submitted in person to: Office of Student Financial Aid Student Services, Suite 160 Edison Community College 1973 Edison Drive Piqua, OH 45356

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Created March, 2009; Updated August, 2009

2009-2010 Federal Stafford Student Loan Request
Name:
(Last, First, Middle)

SSN: _______________________________ Student ID: ___________________________

1. I have read and understand the Borrower’s Rights and Responsibilities at www.edisonohio.edu/financialaid. ___________ Initial 2. Entrance Loan Counseling I have completed or have previously completed Entrance Loan Counseling with Edison Community College. 3. Lender Selection And Master Promissory Note (MPN) The lender I wish to borrow from is ______________________. I have a complete and active MPN with this lender. 4. Loan Types ONLY Subsidized Federal Stafford Loan *NOTE: Selecting only subsidized loans may decrease your loan eligibility amount. Subsidized and Unsubsidized Federal Stafford Loan 5. Terms For Which You Wish To Borrow * Select ALL That Apply* Note: Amount awarded will be disbursed equally among the selected terms you are enrolled in 6 or more credits Summer 2009 Fall 2009 Spring 2010 6. Amount Requested *Select Only ONE* I request the maximum eligibility amount at time of processing. For the terms I have selected, I wish to request this amount: $________________ 7. Intended Enrollment Status Full time (12+ credit hours) 8. Anticipated Graduation Date May August December Part time (6-11 credit hours) of Year: _________________

9. Please indicate the number of children under the age of 12 for whom you will be paying childcare costs during the terms for which you wish to borrow ________ (Enter number of children) Student Certification
I certify that all the information on this application is true and complete. I recognize that it is my responsibility to read the Borrower Rights and Responsibilities. By signing below, I certify that these funds will be used for educational purposes and in accordance with the rules and regulations set forth by the Department of Education.

Student Signature: _______________________________________________________ Date: ____________________

FOR OFFICE USE ONLY:
Degree Seeking: Dependency Status Borrowed Previously: SAP: I Y Y D N N
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Grade Level: Housing Status Counseling Complete: # of Dependents:

FR 1 Y

SOPH 2 N 3

Created March, 2009; Updated August, 2009