Additional Loan Application 2012-2013
William D. Ford Federal Direct Student
Loan
Financial Aid Office ·
Auburn - 315-255-1743 ext.
2470 ·
Application
Procedures:
·
A completed additional loan application must be returned to
the Financial Aid Office.
·
A completed FAFSA must also be on file and all requirements met.
·
A promissory note must be completed on line at http://studentloans.gov using your PIN
available at www.pin.ed.gov (this is the same PIN used
for your FAFSA).
·
First time borrowers at Cayuga must complete entrance counseling at http://studentloans.gov
using your PIN available at www.pin.ed.gov (this is the same PIN used
for your FAFSA).
·
Student must be registered in at least 6 credits at the time the
loan is disbursed.
·
Students must maintain Satisfactory Academic Progress (SAP).
How much can I
borrow?
First year students may
be eligible to borrow up to a maximum of $3500 and students who have completed
at least 28 credit hours may be eligible to borrow up
to a maximum of $4500 per academic year.
Dependent students may be eligible to borrow an
additional $2000. Independent students may
be eligible to borrow an additional $4000. The amount a student can borrow is
also determined by the student’s school costs, other financial aid the student
may receive, and the student’s Expected Family Contribution (EFC).
Name________________________________________________________________________________
Social
Security Number________________________________________________________________
Cayuga
ID Number C_________________________________________________________________
Amount
of Additional Loan Request $____________________________________________________
This loan
is for: Fall & Spring _______________ Spring Only
_______________
Note: We do
not process fall only loans.
If my bill at Cayuga is
deferred by this loan, and I fail to meet all of the requirements for
disbursement, I will owe Cayuga County Community College the amount deferred and I will be obligated to pay collection charges for any amount not
paid when due.
Student
Signature_______________________________________ Date___________________
Approved amount: __________________
Disapproved - reason: ____________________
You
are applying for a loan -- which must be repaid.