|
Direct Loan Applications for 2007-2008 will be available
April 16, 2007.
The Office of
Financial Aid has
implemented some new
steps to expedite the
processing of your
Direct Loan.
You must
have the following on
file in order to submit
a Direct Loan
Application:
-
Valid
FAFSA for 2007-2008
(cannot have errors
or pending
verification
status).
-
Completed Entrance
Counseling on file.
(if required)
-
Must
be registered for at
least 6 credits.
-
Completed Master
Promissory Note on
file. (if required)
Please refer to our 2007-2008 application
checklist to assist you with questions you may have on completing the steps necessary to file your Direct Loan application.
The Federal Direct Loan Program replaced the Federal Stafford Loan Program at CUNY
in June 1995, becoming the major source of federal loan funds for students at CUNY. To be eligible for a Federal Direct Loan, a student must be (1) a U. S. citizen or eligible
non-citizen; (2) enrolled as a matriculated student; and (3) determined to be eligible for federal aid after completing the FAFSA. Students at CUNY must also be enrolled for at
least six credits per semester.
Before students can receive Federal Direct Loan funds, students at Hunter College are required to complete the on-line Federal Direct Loan Entrance Counseling, as well as
complete a Federal Direct Loan Master Promissory Note. Using the Department of Education issued PIN as an electronic signature on the Master Promissory Note will help
speed the loan process.
The steps below describe the process of requesting a Federal Direct Loan and receiving loan funds at Hunter College.
START >
STEP 1 | STEP 2 | STEP 3 | STEP 4
BORROWING LIMITS | ENTRANCE COUNSELING | EXIT COUNSELING
DIRECT LOAN CONSOLIDATION DIRECT LOAN PROMIsSORY NOTE DIRECT PLUS (PARENT) LOANS
|
