You may turn in paperwork after you have received your 2011-2012 Financial Aid Award or Denial Letter.
For 2011-2012 all students are required to bring in a paper copy of the MPN (PDF Version), Entrance Counseling, and Data Sheet to the Financial Aid Office before the loan will be processed.
Follow the steps below to complete your Student Loan Process
1. Complete and submit the 2011-2012 FAFSA online at www.fafsa.ed.gov. (Must be processed prior to completing the loan process.)
2. Complete the Student Loan Data Sheet in packet below and return to the Financial Aid Office with all required documents.
3. Complete the MPN and Entrance Counseling at www.studentloans.gov
Both MPN and Entrance Counseling must be printed and returned along with Data Sheet.
Students who have a current MPN from Direct Loans only need to reprint page 1 of the PDF.
4. Return all documents (MPN, Entrance Counseling, and the Student Loan Data Sheet) to the Financial Aid Office.
Loans will not be processed without all 3 items listed above.
Download the Student Loan Packet for more information.
Loans are posted to the student account. Outstanding charges are deducted prior to excess cash being released to student.
Check your MYMAC Account for loan amount.
Annual Loan Limits
Dependent
Students |
|
|
Total
Subsidized & Unsubsidized |
First Year*
|
$3,500 |
$2000 |
$5,500 |
Second Year*
|
$4,500 |
$2000 |
$6,500 |
Independent
Students
|
Subsidized |
Unsubsidized |
Total |
First Year*
|
$3,500 |
$6,000 |
$9,500 |
Second Year*
|
$4,500 |
$6,000 |
$10,500 |
*First Year = 0-30 completed credit hours
*Second Year = 30+ completed credit hours
Loan Deadline Dates
(All loan documents and completed FAFSA must be recieved in the Financial Aid Office by these dates)
Fall 2011-November 2, 2011
Spring 2012-April 4, 2012