Loan Application Steps
William D. Ford Federal Direct Loan (Direct Loan) Program
Direct Stafford Loan for Students
Students are required to complete a three step loan process to receive their Stafford Loan. These steps include entrance counseling, a Master Promissory Note Application, and a Direct Stafford Loan Worksheet.
First Step to obtaining a Direct Stafford Student Loan
Student Loan Entrance Counseling
Second Step to a Direct Stafford Student Loan
Master Promissory Note
Third Step to a Direct Stafford Student Loan
Direct Stafford Loan Worksheet
Direct Parent Loan to Undergraduate Students (PLUS)
Parent PLUS Loan is a loan program (not need based) allowing parents to borrow for a dependent undergraduate student. Repayment of principal and interest usually begins within 60 days of loan disbursement. The parent, however, may choose to have the payment deferred during their students enrollment of at least half time (6 credit per semester).
PLUS Loan Application for parents
Student Loan Exit Counseling
The federal government requires that students who have graduated and received student loan funds must participate in loan exit counseling. The government also requires that borrowers who leave the college for any reason or drop below half time must participate in loan exit counseling.
Fortunately, at Ancilla College loan exit counseling is easy. At Ancilla College we have our exit counseling on the web. You can complete this requirement by choosing the below link:
Complete Student Loan Exit Counseling
For more information on loans or if you have questions, email .
Alternative/Loans
For information on Alternative/Private loans click here.
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