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How to Apply for Federal Direct Loans


Information Regarding the Federal Direct Loan Process 2011-2012 Academic Year
To apply for a Federal Direct Loan, students must obtain or complete the following:
  1. Apply for a Federal PIN - (http://www.pin.edu/)
  2. Complete the 2011-2012 FAFSA - (http://www.middlesexcc.edu/inc/fckeditor/editor/dialog/www.fafsa.ed.gov)
  3. Complete Loan Entrance Counseling - (http://www.studentloans.gov/)
  4. Sign a Master Promissory Note - (http://www.studentloans.gov/)
  5. Complete a Federal Direct Loan Request Form

Apply for a Federal PIN
Before you begin the process, you will need your US Department of Education’s Federal PIN number. If you have already completed a FAFSA and signed you used your Federal PIN to electronically sign your FAFSA, you will need the same Federal PIN to complete loan entrance counseling and sign your Federal Direct Loan Master Promissory Note. If you do not have a PIN or you have forgotten your PIN, visit http://www.pin.ed.gov/ to obtain your PIN. You must pProvide a valid email address and receive your PIN within three days. If no email address is provided, your PIN will be mailed to the home address you indicated within seven (7) business days. If you already have your pin, please ensure that you have fulfilled the other requirements for applying for a Federal Direct Loan.

 
Complete the 2011-2012 FAFSA
Students apply for financial assistance by completing the Free Application for Federal Student Aid. The application process is an online process. Visit http://www.middlesexcc.edu/inc/fckeditor/editor/dialog/www.fafsa.ed.gov to complete the FAFSA on the Web (FOTW).

 
 
Complete Loan Entrance Counseling
The Entrance Counseling is a one-time required process that must be completed before receiving a student loan disbursement.  To complete the Federal Direct Loan Entrance Counseling process, visit the website http://www.studentloans.gov/.  You must have a federal pin in order to gain access to the loan entrance counseling process.
 
The Direct Loan Entrance Counseling process will walk the student through the Direct Loan borrowing process. The counseling will provide detailed information regarding Direct Lending, managing student educational expenses and the rights and responsibilities of a student loan borrower.

 
Sign Federal Direct Loan Master Promissory Note
Signing a Federal Direct Loan Master Promissory Note (MPN) is an important part of the student loan process. Students may print out and mail their promissory note; however, the institution strong recommends that students sign their promissory note using their federal PIN.   To sign and/or complete a Federal Direct Loan Master Promissory Note, visit the website www.studentloans.gov.

Complete a Federal Direct Loan Request Form
All student loan borrowers are required to complete a Middlesex County College Direct Loan Request Form each year. Students are asked to indicate the loan amount to borrow for the academic year or term. Additional loan requests may be made but must be identified as an additional loan request. The Middlesex County College Direct Loan Request Form may be obtained at MCC Financial Aid Office Forms website.