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Student Financial Services 20162017 Federal Direct Loan Request Form 1. Students name (last, first, M.I.) PLEASE PRINT Student ID# Date of birth Mailing address City State Zip code Phone number Cell

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How to fill out 2016-2017 federal direct loan

How to fill out 2016-2017 federal direct loan:

01

Gather required documents: Before filling out the federal direct loan application for the 2016-2017 academic year, ensure you have all the necessary documents. These typically include your Social Security number, driver's license or state ID, federal tax information, and any other financial documents requested by the application.

02

Complete the FAFSA: Start by filling out the Free Application for Federal Student Aid (FAFSA) form online. This is the primary application for federal student aid, including federal direct loans. Provide accurate and up-to-date information about your income, assets, and family financial situation.

03

Review the Student Aid Report (SAR): Once you submit the FAFSA, you will receive a Student Aid Report (SAR) via email. Review this report carefully to ensure all the information is accurate. If any corrections or updates are required, make them promptly.

04

Accept the loan offer: If you are eligible for a federal direct loan, you will receive a loan offer from your college or university's financial aid office. Review the terms and conditions of the loan, including the amount offered, interest rates, and repayment options. Accept the loan offer if it aligns with your financial needs.

05

Complete loan entrance counseling: Before receiving your federal direct loan, you may be required to complete loan entrance counseling. This online session provides essential information about rights and responsibilities as a borrower, loan terms, and repayment options. Follow the provided instructions to fulfill this requirement.

06

Sign the Master Promissory Note (MPN): To formalize your federal direct loan agreement, you must sign a Master Promissory Note (MPN). This legal document outlines the terms and conditions of the loan and your responsibilities as a borrower. Carefully read and understand the MPN before signing it electronically.

07

Confirm loan disbursement: Once you have completed all the necessary steps, your college or university will initiate the loan disbursement process. Confirm with the financial aid office that your funds have been disbursed to your student account, ensuring they are available to cover your educational expenses.

Who needs 2016-2017 federal direct loan:

01

Undergraduate students: The federal direct loan program is designed to assist undergraduate students who require financial aid to cover the costs of their education. If you are pursuing a bachelor's degree, an associate degree, or a certificate program at an eligible institution, you may be eligible for the 2016-2017 federal direct loan.

02

Graduate or professional students: In addition to undergraduate students, graduate and professional students can also benefit from federal direct loans for the 2016-2017 academic year. Whether you are pursuing a master's degree, a Ph.D., or a professional degree, such as law or medicine, federal direct loans can provide financial assistance.

03

Parents of dependent undergraduate students: The federal direct loan program also offers loans for parents of dependent undergraduate students. These loans, known as Parent PLUS loans, allow parents to borrow funds to help cover their child's educational expenses. The 2016-2017 federal direct loan program includes this option for eligible parents.

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What is federal direct loan request?

Federal Direct Loan Request is a form that students can fill out to apply for federal student loans.

Who is required to file federal direct loan request?

Students who are looking to borrow federal student loans are required to file a Federal Direct Loan Request.

How to fill out federal direct loan request?

To fill out a Federal Direct Loan Request, students need to provide personal and financial information, as well as details about the amount of loan they are requesting.

What is the purpose of federal direct loan request?

The purpose of the Federal Direct Loan Request is to help students secure funding for their education through federal student loans.

What information must be reported on federal direct loan request?

Information such as personal details, financial information, and the amount of loan requested must be reported on the Federal Direct Loan Request.

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