ADDITIONAL FEDERAL STUDENT LOAN REQUEST FORM
•
2013-14
One Stop Student Services - [email protected] - 208.562.3000 phone - 888.562.3216 fax
P.O. Box 3010 - Nampa, ID 83653 - www.cwidaho.cc
Your initial 2013-14 CWI Financial Aid Award notification ONLY includes student loan amounts CWI recommends for meeting the costs of
your education. In many cases, these amounts are LESS than you are allowed to borrow for the year. Use this form to request federal direct
student loan funding in addition to the loan amounts offered in your initial 2013-14 financial aid award notification. CWI encourages you to
consider borrowing carefully and avoid student loan debt whenever possible.
NOTE:
There are limits on the maximum amount in federal student loans you may receive each academic year (annual loan limits) and in your
academic career (total loan limits). Annually, student loan amounts cannot exceed your total Cost of Attendance (COA) budget minus total
grant, scholarship, work, and other non-loan financial assistance available to you, or the annual loan limits - whichever is less.
(www.studentaid.ed.gov/types/loans/subsidized-unsubsidized#how-much-can-i-borrow)
Student loans are only available to students who attend at least half-time (6+ credits each semester), are making satisfactory
academic progress, are not in default on other education loans, have borrowed less than the total loan limit and have completed
other requirements such as Entrance Counseling and a Master Promissory Note (MPN).
LAST NAME
FIRST NAME
_____________
M.I.
XXX-XX-_______
_______
CWI ID #
~OR~ LAST 4 DIGITS OF YOUR SSN
BE A SMART BORROWER – KEEP YOUR TOTAL DEBT AS LOW AS POSSIBLE
Before completing this worksheet, please review the “Debt & Repayment” tab on CWI’s Student & Parent Loans web page. Please carefully
consider your future ability/willingness to repay the money you borrow using the web resources below.
1.
Know the average starting salary in your field – www.careeronestop.org/salariesbenefits/
What is your anticipated annual salary after graduation ....................................................................................... $_____________ /yr
2.
Estimate the maximum loan debt that will be affordable – www.asa.org/repay/tools/wizard/
Based on my expected salary, my total borrowing (for my college career) should be no more than ...................... $_____________
3.
Know how much you owe, review the loans you’ve received so far – www.nslds.ed.gov
Total loans borrowed prior to 2013-14 ................................................................................................................... $_____________
2013-14 ADDITIONAL STUDENT LOAN REQUEST
Be sure to research your degree plan and path to graduation. Do everything you can to take ONLY the classes you need to graduate to avoid
paying extra costs and graduate on time. To request additional loan funds for 2013-14, enter your total additional loan request for the 201314 school year below.
1.
Loans accepted for 2013-14 (from your CWI Award Notification in myCWI) .......................................................... $_____________
2.
Additional Loan Request for 2013-14 (see loan limits information above) ............................................... $_____________
3.
If work-study funds are included in your 2013-14 financial aid awards, would you like CWI to
reduce your work-study funds to receive student loan funds, if necessary?
4.
[ ] Yes [ ] No
Plan ahead, know your repayment options – www.studentaid.ed.gov/repay-loans/understand/plans
Which student loan repayment plan do you think will be the best option for you?
[ ] Standard
[ ] Income-Based (IBR)
[ ] Graduated
[ ] Extended
[ ] Income-Contingent (ICR) [ ] Income-Sensitive
[ ] Pay-as-You-Earn
SIGN THIS FORM
I certify that all the information reported on this document is true and correct to the best of my knowledge. I understand that if I purposely give false or
misleading information I may be subject to a fine, imprisonment, or both. I also authorize the College of Western Idaho to make any necessary electronic
corrections to my FAFSA based on the information submitted.
_________________________________
____________
STUDENT SIGNATURE
DATE
CWI delivers college credit instruction, certificates and degrees through its memorandum of understanding with the College of Southern Idaho
(CSI). CSI is accredited through The Northwest Commission on Colleges and Universities (NWCCU).
FA | 2013 | Add_Loan_Request
Add_Loan_Request_13_050113