Page 1 of 2
2014-2015
Section A:
Borrower's Information
PLEASE PRINT
Use Black or Blue INK to complete.
Name:
Student Number:
Permanent Address
Street:
Social Security Number:
Cell:
Email Address:
City, ST Zip:
How to Apply
New to loans at CVCC
Previously had Direct Loans at CVCC
1. Complete 2013-2014 FAFSA online at www.fafsa.gov with CVCC federal school
code 012182
1. Complete 2013-2014 FAFSA online at www.fafsa.gov with CVCC federal school code
012182
2. Complete Entrance Counseling online at www.studentloans.gov
2. Complete Financial Awareness online at www.studentloans.gov
3. Submit completed Loan Information Sheet IN PERSON to Financial Aid Office in
Wilson Hall
3. Complete Master Promissory Note (MPN) at www.studentloans.gov
4. Submit completed Loan Information Sheet IN PERSON to Financial Aid Office in
Wilson Hall
Section B:
Student Borrower History
For 2014-2015 academic year, will you receive any other types of financial aid?
Have you had student loans at CVCC previously?
Have you had student loans at another college?
Have you earned more than 50 semester hours (either at CVCC or at other colleges)?
Will you graduate from CVCC during 2014-2015 academic year?
Section C:
(
(
(
(
(
)No
)No
)No
)No
)No
(
(
(
(
(
) Yes
) Yes
) Yes
) Yes
) Yes
Student Borrower Loan Request Detail
Please indicate the amount you are requesting for entire 2014-2015 academic year:
Please check each semester you plan to attend and receive loans from CVCC:
Your loan will be divided equally into the number of
semesters you have marked.
(year)
Fall 2014
Spring 2015
Summer 2015
For a one term loan, the disbursements will be split into two disbursements per federal guidelines.
If you would like only subsidized then please check the box:
Subsidized ONLY
The maximum amount for subsidized loan for freshman is $3500 and sophomore $4500.
To be considered a sophomore, student must have earned at least 31 credit hours.
Additional unsubsidized loan amounts may be available: $2000 for dependent and $6000 for independent students
In order to charge tuition, fees and/or books all information must be submitted in person to CVCC Financial Aid
Office, Wilson Hall, 2602 College Drive, Phenix City, AL 36869 by August 1, 2014.
Page 2 of 2
2014-2015
Section D:
Direct Loan Information
Direct loans are low interest loans for
students and parents to help pay for the
cost of a student's education after high
school. The lender is the U.S.
Department of Education. This means
that the Department rather than a bank
or other financial institution will be
lending the monies.
CVCC
Loans will not be
minimum
loan
disbursed until after the
amount is
30th day of the term.
$500
Subsidized loan does not accrue interest while the
student is enrolled at least half time, during the
grace period and during deferment periods.
Unsubsidized loans
charge interest from the
onset of the loan.
Loans are federal monies and are subject to the same Standards of Academic
Progress requirements required for all students receiving Title IV funds.
Students must be attending at
Students may be eligible for both
subsidized and unsubsidized
least 6 credit hours in degree plan
loans.
to be eligible for loan.
Borrowers can choose from several types of repayment plans. Contact the
Direct Loan Servicing Center (www.studentloans.gov) for everything related
to repayment of your loans, even if you had Direct Loans at other schools.
Section E:
Student Signature
I understand that at any time I drop below 6 credit hours, graduate or stop attending that I must complete the Loan
Exit Counseling ( www.studentloans.gov ) and that my official college transcripts will not be released until exit
counseling is completed.
I understand that if my loan file is still incomplete by September 30, 2014 then the request for this loan will be null
and void.
I hereby certify that all the information pertaining to my application for federal student financial aid is true and complete
to the best of my knowledge.
Signature:
Date:
In order to charge tuition, fees and/or books all information must be submitted in person to CVCC Financial Aid
Office, Wilson Hall, 2602 College Drive, Phenix City, AL 36869 by August 1, 2014.