IVY TECH COMMUNITY COLLEGE
Financial Aid Office 2012‐2013 Federal Direct Loan Request
Fall 2012 and Spring 2013 Semesters ONLY

Student Name ________________________________________________ Student ID # C________________________
Address ___________________________________________________ Telephone (_____)_____‐_______________
City ________________________________________________ State ______________ Zip Code __________________

You do not need to complete this form to apply for grants.
Grant eligibility, if any, will automatically be determined based on enrollment and FAFSA information.

Applications will not be accepted if you do not have a 2012‐2013 Free Application for Federal Student Aid (FAFSA) on file or if you are not enrolled in at least 6 credit hours. Students currently on probation for Satisfactory Academic Progress will not be awarded aid until after final grades have been evaluated. Check your Campus Connect and Ivy Tech email accounts regularly for updates to your financial aid.

In order to qualify for a Fall 2012‐Spring 2013, Fall 2012 or Spring 2013 Federal Direct Loan, you must meet the following criteria:
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Complete the 2012‐2013 FAFSA (www.fafsa.gov) if you have not already done so;
Be in a degree program and enrolled in at least 6 credit hours during every semester of your loan period;
Meet Satisfactory Academic Progress (SAP) standards; and
Have remaining 2012‐2013 Federal Direct Loan eligibility.

Please complete ALL the information below if you were not automatically offered a Federal Direct Loan and wish to apply for a loan.
Did you receive a student loan for attendance at another educational institution in 2012‐2013? ___Yes ___No
If yes, name of school: ___________________________________________________________

Loan Period
Requested:

___Fall 2012 and Spring 2013 ___Fall 2012 ONLY (available to graduating students) ___Spring 2013 ONLY

Are you enrolled or planning to enroll in at least 6 credit hours for each semester within the requested loan period? __Yes __ No
(In order to qualify for a Federal Direct Loan you must be enrolled in at least 6 credit hours for each semester included in your Loan Period.)

Total Loan Amount Requested:

$___________

When making this decision please use the Direct Loan Repayment Calculators made available by the Department of Education at http://www.direct.ed.gov/calc.html so that you are aware of your potential repayment obligations. Your final award amount will be determined based on all other 2012‐2013 amounts you may have borrowed.

Requested Loan Type:

___ Subsidized Only or ___ Subsidized/Unsubsidized

If you have borrowed your maximum subsidized loan eligibility and do not want to borrow unsubsidized loan funds, you will not be awarded any loans. Have you completed your promissory note for this loan?

___Yes ___ No (see back for instructions)

Have you completed entrance counseling?

___Yes ___No (see back for instructions)

Is this your last term of study?

___ Yes ___ No

What is the Total Loan Amount you have borrowed, per NSLDS: $__________ (see back for instructions for printing and attaching your NSLDS history) Upon school approval of this loan, I will receive a notice to accept the specific loan amount on Campus Connect.
I certify the above information is true and accurate, and that I plan to use the loan proceeds to pay for legitimate educational expenses. I understand that I must repay this loan even if I 1) do not complete my education, 2) am dissatisfied with my education, and/or 3) cannot find employment. Upon graduation or if at any point after receiving this loan, my enrollment drops below half time or I withdraw from the College, I must complete Federal Direct Student Loan Exit