Federal Direct Loans
Office of Financial Aid
307.532.8224
1.866.327.8996
Fax: 307.532.8222
First-Time Borrowers:
The Direct Loan program provides low interest loans that are funded by the U.S. Department of Education to undergraduate students. To receive a Federal Direct Student Loan, a student must have a 2012-2013 FAFSA application (www.fafsa.ed.gov) and, 2012-13 EWC Loan Request Form on file with the EWC Financial Aid Office. A student must also complete Entrance Loan Counseling and a Master Promissory Note with the U.S. Department of Education, www.StudentLoans.gov. Students must be enrolled for 6 or more credits per semester to be eligible for a direct loan.
Second and Third Year EWC Borrowers:
The Direct Loan program provides low interest loans that are funded by the U.S. Department of Education to undergraduate students. To receive a Federal Direct Student Loan, a student must have a 2012-13 FAFSA application (www.fafsa.ed.gov) and, 2012-13 EWC Loan Request Form on file in the EWC Financial Aid Office. A student must also print, submit, and sign a copy of their National Student Loan Data System (NSLDS) account, www.nslds.ed.gov to the EWC Financial Aid Office.
Federal Direct Parent PLUS Loan:
This is a loan fund available to parents of dependent students who are enrolled for 6 or more credits per semester. In this program, the parent is the borrower, a credit check is performed on the applicant, and repayment of interest and principal must begin 60 days after full disbursement of the loan. To receive Federal Direct Plus Loan, a 2012-13 FAFSA application (www.fafsa.ed.gov) and, 2012-13 EWC PLUS Loan Request Form must be on file with the EWC Financial Aid Office. A parent must also complete a Master Promissory Note with the U.S. Department of Education, www.StudentLoans.gov.
Q & A -- Direct Student Loans