The pupil’s eligibility for federal support needs to be founded before a parent may borrow a PLUS Loan.

The pupil’s eligibility for federal support needs to be founded before a parent may borrow a PLUS Loan.

Trying to get a Federal Direct Stafford Loan

You should be signed up for at minimum 6-credit hours necessary for your OCCC level, looking for an OCCC level and conference Satisfactory Academic Progress to get Federal scholar Loan funds. Every one of the steps that are following be finished before your loan request may be prepared.

Apply and get admitted to OCCC for the intended purpose of finishing a qualified OCCC Degree or plan that is certificate. Finish the FAFSA (complimentary Application for Federal Student help) for the present year that is academic at StudentAid.gov FAFSA. Offer all needed papers required by the school funding Office. View your required papers online at MyOCCC Portal. Under Self-Service choose Pupils, Educational Funding Awards, Needed Documents.

Complete Loan Entrance Counseling First-Time Student Loan Borrowers are necessary to complete loan entrance counseling at StudentAid.gov Entrance Counseling. Loan counseling confirmations are imported daily. Complete Master Promissory Note (MPN)StudentAid.gov/mpn. MPNs are legitimate for ten years. Nevertheless, MPNs will expire one year following the MPN is finalized if no loan disbursements are available. MPNs are imported daily.

Review educational funding awardsand accept your loans that are direct at MyOCCC Portal. Under Self-service select Students, Financial Aid, My Honors. All loans may be found in two disbursements per semester. Accept any loan that is subsidized first. Loan offer quantities may be paid off to permit pupils to borrow just what’s required. Make sure to borrow sensibly.

Trying to get a Federal Direct Parent PLUS Loan

Federal Direct Parent PLUS Loans should simply be required following a pupil’s eligibility for federal and state pupil assistance that is financial determined.