Apply for a Federal Direct Loan
Important: To guarantee timely processing of your loan, you must apply two weeks prior to the week of the tuition due date.
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.
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First-Time Direct Loan Borrowers
If you are a First-Time Federal Direct Loan Borrower, you must complete these steps.
- Complete and submit the Free Application for Federal Student Aid (FAFSA)
- Complete the Verification process if required by the Department of Education
- New Borrower Loan Request Worksheet – attach a copy of your driver’s license or state ID
- Complete Online Entrance Counseling
- Complete Direct Loan Master Promissory Note (MPN)
- Be enrolled in a financial aid-eligible academic program. Eligible programs consist of a degree or certificate of 16 credit hours or more.
- Be enrolled in at least six credit hours that are required for the degree program
- Register for your New Borrower Loan Meeting Workshop »
New Borrower Student Loan Workshops guide potential borrowers through the importance of understanding Direct Loans, the repayment options available, and the consequences of failing to meet their loan obligations
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Repeat Direct Loan Borrower at MCC
If you are a Repeat Federal Direct Loan Borrower at MCC, you must complete these steps.
- Complete the Free Application for Federal Student Aid (FAFSA)
- Complete the Verification process if required by the Department of Education
- Complete the Repeat Borrower Loan Request Worksheet – attach a copy of your driver’s license or state ID
- Be enrolled in a Financial Aid-eligible academic program. Eligible programs consist of a degree or certificate of 16 credit hours or more.
- Be enrolled in at least six credit hours that are required for the degree program
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Transfer Student with prior Direct Loans
If you are a Transfer Student with prior Direct Loans, you must complete these steps.
- Complete and submit the Free Application for Federal Student Aid (FAFSA)
- Complete the Verification process if required by the Department of Education
- Complete the Repeat Borrower Loan Request Worksheet – attach a copy of your driver’s license or state ID
- Complete the Online Entrance Counseling
- Complete the Direct Loan Master Promissory Note (MPN)
- Be enrolled in a Financial Aid-eligible academic program. Eligible programs consist of a degree or certificate of 16 credit hours or more.
- Be enrolled in at least six credit hours that are required for the degree program