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This document is a loan request form for students at York Technical College, allowing them to apply for additional direct loans for the Fall 2013, Spring 2014, or Summer 2014 semesters.
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How to fill out 2013-2014 ADDITIONAL DIRECT LOAN REQUEST

01
Obtain the 2013-2014 Additional Direct Loan Request form from your school's financial aid office or website.
02
Fill in your personal information, including your name, student ID, and contact details.
03
Indicate the loan amount you wish to request for the Additional Direct Loan, ensuring it does not exceed your eligibility.
04
Review the terms and conditions associated with the loan and confirm your understanding by signing and dating the form.
05
Submit the completed form to the financial aid office by the specified deadline.

Who needs 2013-2014 ADDITIONAL DIRECT LOAN REQUEST?

01
Students who need additional financial assistance beyond their standard federal student loans for the 2013-2014 academic year.
02
Students enrolled in eligible programs who have completed their FAFSA and wish to request extra funds to cover educational expenses.
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People Also Ask about

Both Direct Subsidized Loans and Direct Unsubsidized Loans are offered to students regardless of their credit history and neither will result in a hard inquiry. A Direct PLUS Loan, however, does require a credit check, so if you're considering one, your credit scores may take a slight hit.
Direct loans are preferable to plus loans since they have lower interest rates and fees.
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.
All Direct Loans are eligible for PSLF. You are likely waiting for the IDR adjustment, which will happen in 2024 for most borrowers.
Cons of Unsubsidized Loans: Borrowers are responsible for paying all accrued interest, and interest accrual starts as soon as the loan is issued. You're responsible for making interest payments during all future deferment periods.
Your servicer will track your qualifying monthly payments and years of repayment and will notify you when you're getting close to the point you would qualify for forgiveness of any remaining loan balance. To check if your remaining loan balance will be forgiven, contact your servicer.
You'll also be eligible for student loan forgiveness on any remaining balance after the repayment period ends. This is usually after 20–25 years. Both direct subsidized and unsubsidized loans are eligible for any of the four IDR plans.

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The 2013-2014 Additional Direct Loan Request is a form used by eligible students to request additional Direct Loan funds for the academic year 2013-2014.
Students who have already been awarded Direct Loans for the academic year and wish to request more funds beyond their current loan limits are required to file the 2013-2014 Additional Direct Loan Request.
To fill out the 2013-2014 Additional Direct Loan Request, students should complete the required fields on the form, including personal information, loan requested amount, and any other requested documentation or information.
The purpose of the 2013-2014 Additional Direct Loan Request is to provide students with the opportunity to secure additional financial resources to assist with their educational expenses for that academic year.
The information that must be reported on the 2013-2014 Additional Direct Loan Request includes the student's name, student ID, amount of additional funds requested, and any other relevant financial information required by the loan program.
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