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This document provides information about the Federal Direct Unsubsidized Stafford Loan, including eligibility requirements, application procedures, borrowing limits, and responsibilities of the borrower.

How to fill out 2012-13 federal direct unsubsidized

How to fill out 2012-13 FEDERAL DIRECT UNSUBSIDIZED LOAN REQUEST FORM

1. Obtain the 2012-13 FEDERAL DIRECT UNSUBSIDIZED LOAN REQUEST FORM from your school's financial aid office or the official website.
2. Fill in your personal information, including your name, Social Security Number, and contact details in the designated fields.
3. Indicate your enrollment status (part-time or full-time) and the academic year for which you are applying.
4. Provide the names of the schools you are applying to, and ensure that the school's federal school code is included.
5. Specify the loan amount you wish to request, ensuring it does not exceed the annual limit for unsubsidized loans.
6. Review the loan terms and conditions provided on the form to ensure you understand your responsibilities.
7. Sign and date the form, confirming that all information provided is accurate.
8. Submit the completed form to your school’s financial aid office for processing.

Who needs 2012-13 FEDERAL DIRECT UNSUBSIDIZED LOAN REQUEST FORM?

1. Students who are enrolled at least half-time in an eligible degree or certificate program and require additional financial aid to cover their educational expenses.
2. Students who have exhausted their eligibility for federal subsidized loans and still need more funds for tuition and fees.
3. Graduate or professional students who do not qualify for subsidized loans but need financial assistance.

People Also Ask about

Are direct unsubsidized loans eligible for forgiveness?

Under the Teacher Loan Forgiveness (TLF) Program, if you teach full time for five complete and consecutive academic years in a low-income school or educational service agency, and meet other qualifications, you may be eligible for forgiveness of up to $17,500 on your Direct Subsidized and Unsubsidized Loans and your

Can you cancel an unsubsidized loan?

You may reduce or cancel a Direct Unsubsidized Loan online via your myUMBC account if it has not yet disbursed. If the loan has already disbursed, you should complete the Loan Decrease/Cancel Request Form no later than 14 days after you receive notification that your loan has disbursed.

How do I cancel my unsubsidized loan?

You may reduce or cancel a Direct Unsubsidized Loan online via your myUMBC account if it has not yet disbursed. If the loan has already disbursed, you should complete the Loan Decrease/Cancel Request Form no later than 14 days after you receive notification that your loan has disbursed.

Can I return an unsubsidized loan?

*You can return loan funds to your servicer more than 120 days after disbursement, but the return will be processed as a pre-payment on the loan, and you'll be charged interest and a loan fee on the amount you return.

How do I modify my unsubsidized loan?

How to Accept, Modify, or Decline Your Loan Offer. You can accept, decline, or modify a Federal Direct Unsubsidized Loan on your electronic Financial Aid Notification by selecting the Accept/Decline Aid button at the bottom of your Financial Aid Notification.

How do I return an unsubsidized loan?

Contact the loan's servicer and tell them that you want to return unneeded funds within the 120-day disbursement window so the return will reduce the loan's principal.

What are the disadvantages of an unsubsidized student loan?

Drawbacks of Unsubsidized Student Loans You're responsible for paying the interest on that loan from day one. Unsubsidized loans are not the worst loans you can borrow in terms of pure cost and the interest rate that you'll receive. However, the interest accumulates even before you enter repayment.

Can you return a loan if you don't use it?

Certain loans offer a three-day grace period in which you can cancel for any reason without fees or interest (as long as you return the money). After this period, canceling may not be possible. It all depends on the lender's terms and timing.

For pdfFiller’s FAQs

What is 2012-13 FEDERAL DIRECT UNSUBSIDIZED LOAN REQUEST FORM?

The 2012-13 Federal Direct Unsubsidized Loan Request Form is a document that students fill out to apply for a federal direct unsubsidized loan, which is a type of financial aid that helps cover education costs for those who do not qualify for need-based assistance.

Who is required to file 2012-13 FEDERAL DIRECT UNSUBSIDIZED LOAN REQUEST FORM?

Students who wish to receive federal direct unsubsidized loans for the academic year 2012-13 are required to file this form.

How to fill out 2012-13 FEDERAL DIRECT UNSUBSIDIZED LOAN REQUEST FORM?

To fill out the form, students need to provide their personal information, including Social Security number, school information, loan amount requested, and sign the certification statement to confirm the accuracy of the information provided.

What is the purpose of 2012-13 FEDERAL DIRECT UNSUBSIDIZED LOAN REQUEST FORM?

The purpose of the form is to formally request federal direct unsubsidized loans to finance educational expenses and to provide the necessary information for the loan processing.

What information must be reported on 2012-13 FEDERAL DIRECT UNSUBSIDIZED LOAN REQUEST FORM?

The information that must be reported includes the student's name, contact information, Social Security number, the amount of the loan requested, school name, and a certification of eligibility for the loan.