Before your loan can be processed, the following eligibility requirements must be met:

• The Free Application for Federal Student Aid (FAFSA) must be completed including any additional information required by the government and/or the Office of Financial Aid. You can complete the FAFSA on line at www.fafsa.ed.gov.

• You must be registered in a degree program (AA,AS, AAS, or TC)

• An official copy of your High School Diploma or GED scores must be on file in the Admissions Office or you must meet the ability to benefit (ATB) requirement.

• You must be enrolled in at least 6 credit hours.

• You must be maintaining Satisfactory Academic Progress (SAP)

Failure to meet the eligibility requirements will result in cancellation of your loan application and/or loan disbursements.

The Standard Disbursement Dates are as follows:

•    2007-2008 Academic Year Loan - 9/20/2007 and 2/14/2008
•    2007 Fall Loan - 9/20/2007 and 10/18/2007
•    2008 Spring Loan - 2/14/2007 and 3/13/2008

Students who apply for their loan ten (10) or more days after the semester begins, or those who need additional documents, may be subject to later disbursement dates.

Based on federal regulation, the amount a student can borrow each year is limited as noted below

Dependent Undergraduate Student

    1st Year student $3,500

    2nd Year student (31 plus earned credit hours) $4,500

Independent Undergraduate Student

    1st Year Student $7,500

• No more than $3,500 of this amount may be in subsidized loans.

    2nd Year Student $8,500

• No more than $4,500 of this amount may be in subsidized loans.

For periods of study shorter than an academic year, the amount you can borrow will be less than those listed. You may receive less than requested if you received other forms of assistance for your educational related expenses.

Student refund checks are not received on the disbursement dates. Your account is credited on the disbursement date. REFUND CHECKS SHOULD BE RECEIVED 7-10 BUSINESS DAYS AFTER THE DISBURSEMENT DATE, PROVIDED THAT ALL REQUIRED INFORMATION IS COMPLETE. If you have not completed Entrance Counseling or a Master Promissory Note with your current lender on OpenNet, you will be required to complete them during the application process.

After clicking below, you will be directed to our Preferred Lender list where you will need to select a lender. If you have previous student loans and are unsure of your lender, you can find that information at www.nslds.ed.gov.

By clicking here, you agree that you have read and understood the above information.