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VENTURA COLLEGE FINANCIAL AID OFFICE 4667 TELEGRAPH ROAD, VENTURA, CA 93003 FAX (805) 654-6383 www.venturacollege.edu 2011-12 FEDERAL DIRECT LOAN INFORMATION As a result of changes to the Department
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How to Fill Out 2011-12 Federal Direct Loan:

01
Begin by gathering all necessary documents and information: You will need your Social Security number, driver's license number, and federal tax information. You may also need information about your school and program of study.
02
Complete the Free Application for Federal Student Aid (FAFSA): This form is used to determine your eligibility for federal financial aid, including the federal direct loan. Visit the FAFSA website and follow the step-by-step instructions to fill out the form accurately.
03
Review your Student Aid Report (SAR): After submitting the FAFSA, you will receive a SAR. Review it carefully to ensure all the provided information is correct. If any corrections or updates are needed, make the necessary changes.
04
Research and compare loan options: Familiarize yourself with the different types of federal loans available, such as subsidized and unsubsidized loans. Consider your financial needs and repayment options before making a decision.
05
Complete the Entrance Counseling: Before receiving your first federal direct loan disbursement, you are required to complete entrance counseling. This educational session helps you understand your rights and responsibilities as a borrower.
06
Sign the Master Promissory Note (MPN): The MPN is a legal document that outlines the terms and conditions of your loan. Read it thoroughly, then sign and submit it electronically.
07
Submit loan request to the school's financial aid office: Contact your school's financial aid office to initiate the loan request process. They will guide you through the necessary steps and confirm the amount you are eligible to borrow.

Who Needs 2011-12 Federal Direct Loan?

01
Undergraduate and graduate students: The federal direct loan is available to students pursuing a higher education degree or certificate at an eligible university or college.
02
Students with financial need: The federal direct loan is intended to assist students who demonstrate financial need based on the information provided in the FAFSA.
03
Students seeking affordable loan options: The federal direct loan offers competitive interest rates and flexible repayment options, making it an attractive choice for borrowers looking for manageable loan terms.
Remember, it is important to consult with your school's financial aid office for specific guidance on filling out the 2011-12 federal direct loan application and determining your eligibility.
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A federal direct loan program that provides students with money to cover the cost of higher education.
Students who are seeking financial assistance for their education expenses.
You can fill out the federal direct loan application online through the Department of Education's website.
The purpose of the federal direct loan program is to help students finance their higher education.
Information such as personal details, financial information, and school details must be reported on the federal direct loan application.
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