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Apply for a Student Loan

Federal Direct Student Loans are financial aid that must be repaid. Federal Direct Student Loans are subject to the same rules and regulations as Federal Pell Grants and other federal aid.

Credit checks and co-signers are not required for Federal Direct Student Loans. However, you must be enrolled for at least 6 credits and you must meet satisfactory academic progress (SAP) standards as established by Federal and College regulations.

  1. Complete the Free Application for Federal Student Aid (FAFSA) online at www.fafsa.gov.  
  2. Even if you don’t think you qualify for financial aid, the FAFSA must be completed if you want to apply for a student loan.
  3. Provide other documents if requested by the Financial Aid Office. 
  4. Sometimes the FAFSA data is incomplete, or your FAFSA has been selected by the U.S. Department of Education for verification. If the Financial Aid Office needs additional information before determining your loan eligibility, please respond to any requests as quickly as possible.
  5. Complete the Loan Entrance Counseling online at https://www.studentloans.gov.
  6. This session will help you understand your responsibilities regarding your loan.
  7. Complete the Direct Loan Master Promissory Note (MPN) online at https://www.studentloans.gov. 
  8. The MPN is a legal document in which you promise to repay the loan and any accrued interest and fees to the U.S. Department of Education.
  9. Determine how much you need to borrow and the loan term (Fall/Spring, Fall only, or Spring only).
  10. BEWARE of student loan debt and borrow only what you need. The maximum amounts per year and the maximum lifetime amounts are listed in the chart on the back of this sheet.
  11. Complete the Loan Request Form and submit it to the Financial Aid Office.
  12. You will receive an award letter by mail once your loan has been certified.
  13. Attend & finish your classes.
  14. You must attend your classes to be eligible for the loan disbursements.
  15. SCC will receive your funds electronically. You will receive a notice telling you when your funds have been disbursed to the College.  
  16. If you have any remaining funds after your account is credited with your loan disbursement, a refund check will be mailed to you from the Student Accounts Office within 14 days after the funds are received.
  17. When you graduate, leave school, or drop below half-time enrollment, you will be required to complete the Loan Exit Counseling session online at https://www.studentloans.gov.


NOTE from the U.S. Department of Education:  Your school can refuse to certify your loan application or can certify a loan for an amount less than you would otherwise be eligible for if the school documents the reason for its actions and explains the reason to you in writing. The school’s decision is final and cannot be appealed to the U.S. Department of Education.

A private loan for additional money, not to exceed your cost of attendance/budget, may be applied for by going to ELM Resources at www.elmselect.com. (You must be enrolled for at least 6 credits and meet satisfactory academic progress standards as established by Federal and College regulations.)