2015-2016
Graduate Direct Loan
Loan Authorization Form (LAF)
COMPLETE ALL ITEMS legibly and SIGN the Loan Authorization Form before submitting it to the Financial Aid Office.
Student Name _____________________________________ Campbell ID_____________________ Date of Birth _______________
Address ____________________________________________________________________________________________________
Permanent PO Box or Street Address
City
State
Zip
Home Phone # (_____) ____________________ Cell Ph # (_____) ____________________ Other (_____) ____________________
□ LAW
□ DIV
□ MBA
□ MEd, MSA, MA
□ MTWM
□ CUSOM
□ Pharm
□ MSCR □ MSPS
□ MSPH
□ PA
□ DPT
Indicate program(s) are you enrolled:
□ MSBS
In order to participate in the William D. Ford Direct Loan Program, you must do the following:
NEW STUDENTS or FIRST TIME Federal Direct Loan borrowers at Campbell:
Sign in at www.StudentLoans.gov (using your FAFSA user name and password)
● Complete the electronic Direct Loan Sub/Unsub Entrance Counseling
● Complete the electronic Direct Loan Master Promissory Note (MPN) (be sure to click “submit”)
For website assistance, please contact the Department of Education Customer Service at: 800-557-7394
ALL Direct Loan borrowers:
● Complete this Loan Authorization Form and submit to the Financial Aid Office
(Loans must be processed prior to the end of the semester)
● Must be registered at least ½ time in your program each semester/block by census date
(Loans will not disburse if your enrollment falls below ½ time)
• Must meet SAP (Satisfactory Academic Progress) requirements (see website for SAP Policy)
(Loans will not disburse if you do not meet SAP per term of the loan)
Reference your Financial Aid Awards for your loan eligibility. If you have been awarded for only one
semester, or will be graduating, indicate the appropriate response for the loan period below.
Loan Period: (please check) □ Academic Year 2015-2016 (both Fall & Spring Semesters)
□ 2015 Fall Only □ 2016 Spring Only □ 2016 Summer
Unsubsidized Amount Requested $ ___________________ (Total amount requested)
(Do not leave blank)
*Please remember to include enough for the processing fee by the Dept. of Education but not to exceed awarded amount.
Current processing fee: 1.068% (fixed) (Processing fee subject to change per Dept. Of Education)
By my signature, I hereby authorize Campbell University to process my student loans and when the funds become available, to transfer the proceeds of each of my
student loan disbursements for the William D. Ford Federal Direct Loan(s) to my student account at Campbell University. I understand that my student account will
reflect a credit each time a transfer of loan proceeds is made and that the Campbell University Business Office will notify me of such crediting. I understand that my
Federal Direct Loans will enter repayment upon the expiration of my grace period, which begins six months after I graduate, withdraw, or otherwise drop below halftime enrollment. I also understand that the Department of Education may deduct fees before my loan proceeds are sent to Campbell.
Borrower’s (Student’s) Signature ________________________________________ Date _____________________
(Original signature only – electronic signatures not accepted)
Contact Loan Team:
Submit form to: Campbell University FAO
Ph: 910-893-1314
800-334-4111, ext. 1314
email: [email protected]
• PO Box 36, Buies Creek, NC 27506
Grad Direct Loan LAF 15-16
• Fax: 910-814-5788
Rev.10.23.15
Please keep this page for your records:
NEW STUDENTS or FIRST TIME Federal Direct Loan borrowers at Campbell:
Sign in at www.StudentLoans.gov (using your FAFSA user name and password)
Unsubsidized Amount Requested $ ________________
□ Complete the electronic Direct Loan Sub/Unsub Entrance Counseling
□ Complete the electronic Direct Loan Master Promissory Note (MPN) (be sure to click “submit”)
For website assistance, please contact the Department of Education Customer Service at: 800-557-7394
Step One: Calculate expenses for the semester AND year. Please reference the Business Office Tuition & Fee Schedule.
http://www.campbell.edu/pdf-top/human-resources/Fall_2015_-_Spring_2016_Tuition_and_Fee_Schedule-Published_1-9-2014.pdf
FALL
SPRING
YEARLY COST
Tuition
Fees
Parking Permit (Main Campus / Law School)
$190 / $275
$190 / $275
Illness Insurance - Mandatory (must waive)
Total Costs (A)
Step Two: Fill in the Estimated Financial Aid award for the year and semester using the 2015-2016
Financial Aid Award
Scholarships, Endowments,
Outside Scholarships
FALL
SPRING
YEARLY AID
FALL
SPRING
YEARLY COST
LOANS: (do not include Grad Plus loan)
Federal Direct Unsubsidized Loan (*)
* Loan Fees by Department of Education
Total Financial Aid (B)
Step Three: Calculate the ESTIMATED Balance Due
Total Cost (A)
Minus Total Financial Aid (B)
“Balance Due” To the Business office *
*Balance Due may be paid by eligibility in an approved Federal Grad Plus Loan, an Alternative Private Loan or
other arrangements made through the Campbell Business Office
Not Included in Total Cost(A)
Books & Supplies (Estimated)
Grad Direct Loan LAF 15-16
FALL
SPRING
$1,000
YEARLY COST
$1,000
$2,000
Rev.10.23.15