Apply for a Federal Direct Loan

Important: To guarantee timely processing of your loan, you must apply two weeks prior to the week of tuition due date. The Office of Financial Aid and Veteran Benefits will not process loan paperwork during the week of tuition due date.

New Loan Borrower: Attend a Student Loan Workshop

Student Loan Workshops provide you with a detailed explanation of the borrowing process from determining your borrowing needs to repayment options. Specific topics include: types of Federal Direct Loans, borrowing limits, Department of Education expectations, available repayment options and your rights and responsibilities as a borrower.  You'll learn the type and amount of loan you're eligible for, and be given the opportunity to make adjustments based on your needs.

Repeat Borrower: Complete Financial Awareness Counseling

Financial Awareness Counseling provides tools and information to help you understand your financial aid and help you manage your finances. 

Note: Completing Entrance Counseling and the Direct Loan Master Promissory Note is not a commitment to borrow funds for your education. If, after attending loan counseling, you determine a federal student loan is not a good option for you, you may choose not to pursue federal loan funds.

If you're a New Federal Direct Loan Borrower, you must complete these steps prior to registering for the Student Loan Workshop.

You're a new borrower at MCC if you have never borrowed a loan at MCC or at another school.

  1. Complete and submit the Free Application for Federal Student Aid (FAFSA).
  2. Complete the Financial Aid Process – review your progress on your myMCC Financial Aid Self-Service page
  3. Complete Entrance Loan Counseling and Direct Loan Master Promissory Note (MPN).
    • Go to
    • In the Manage My Direct Loan box, create a login using your FSA ID.
    • Select Complete Entrance Counseling. Complete required steps through confirmation.
    • Select Complete Master Promissory Note. Complete required steps through confirmation.
    • Confirmation of completion will be sent to the school within 24 hours.
  4. Complete and print this Loan Request Worksheet-New Borrower.
    • Bring the completed Loan Request Worksheet to the Student Loan Workshop.
  5. Be enrolled in a financial aid-eligible academic program.  Eligible programs consist of a degree or certificate of 16 credit hours or more.
    • To view your current active academic program(s), go to myMCC > select Self-Service > select Student Planning
  6. Be enrolled in at least six credit hours that are required to complete your eligible academic program.

Register for your New Borrower workshop »