2024-2025 Federal Direct Student Loan Request and/or Change Fo

2024-2025 Federal Direct Student Loan Request and/or Change Form

Name

Student ID or SSN

Please note: The below annual Direct Student Loan limits for subsidized and unsubsidized are determined by your classification and the Free Application for Federal Student Aid (FAFSA) results. Loan eligibility may be less depending on all other aid awarded.

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I am authorizing for my loans to be cancelled and removed from my student financial aid.

Yes

I am requesting my loans to be reduced.

Yes

Reduced by this amount

I understand that a loan must be paid back. Please initial

I understand that I must be registered for at least 6 hours per semester to receive loans. Please initial

I am accepting my loans for the maximum Federal Direct Loan amount for my classification based on chart above.

Yes (Maximum about of subsidized and unsubsidized loans)

Select award year or semester:

Fall 2024

Spring & Summer 2025

Spring 2025

What type of loan are you requesting?

Subsidized- A loan based on financial need for which the federal government pays the interest that accrues while the borrower is in an in-school, grace, or deferment status.

Unsubsidized- A loan for which the borrower is fully responsible for paying the interest. Interest on unsubsidized loans accrues from the date of disbursement and continues throughout the life of the loan.

I wish to accept a Federal Direct Subsidized Loan in the amount of

I wish to accept a Federal Direct Unsubsidized Loan in the amount of

I am accepting additional Federal Direct Unsubsidized Loan funds due to a Direct Parent PLUS Loan denial. Amount is determined based on your classification.

Yes

o Freshman (up to 29 hours) and Sophomore (30 to 59 hours) $4000
o Junior above (60 or greater) $5000

Certification and Signature:

I understand that I am requesting a Federal Direct Student Loan and that this loan must be repaid in full. Loans will not be processed until (EC) and the loan agreement (MPN) are complete.

I have completed the required Entrance Counseling

Yes

No (Your loans will not process unless EC is completed)

I have completed the required loan agreement for subsidized/unsubsidized loan (Master Promissory Note (MPN)

Yes

No (Your loans will not process unless the MPN is completed)

Student Signature

Date

2025