Student Name ___________________________ Student ID or SSN ______________ Phone _______________
Please return this completed form and all other required materials to:
Ottumwa Campus: Indian Hills Community College, Attn. Financial Aid, 525 Grandview Avenue, Ottumwa, Iowa 52501
Fax: 641-683-5741, Phone: 800-726-2585, ext. 5262 or 641-683-5262, Email: OneStop@indianhills.edu
Centerville Campus: Indian Hills Community College, 721 North First Street, Centerville, IA 52544
Fax: 641-856-3158, Phone: 800-670-3641, ext. 2200 or 641-856-2143, ext. 2200
2018-2019 Aid Adjustment Request
Annual and aggregate loan limits for Direct Stafford Loans
Year
Dependent undergraduate students
(except students whose parents are
unable to obtain PLUS Loans)
Independent undergraduate students
(and dependent students whose
parents are unable to obtain PLUS
Loans)
First Year
$5,500No more than
$3,500 of this amount may
be in subsidized loans.
$9,500No more than
$3,500 of this amount may
be in subsidized loans.
Second Year*
*or successfully completed 24 credits in your program
(not all programs will have 2
nd
year eligibility)
$6,500No more than
$4,500 of this amount may
be in subsidized loans.
$10,500No more than
$4,500 of this amount may
be in subsidized loans.
Terms Attending
Fall Winter Spring Summer
Request a loan increase, reduction, or cancellation:
Keep in mind, the amount you list for the New Annual Amount will be split up into equal disbursements for your enrollment period.
I want to increase my loans because my grade level has changed from 0-23 credits to 24 or more credits.
Federal Direct Subsidized Loan - The federal government pays interest on subsidized loans while you are in school at least half-time.
Increase my Subsidized Loan to
$_________ New Annual Amount or
Maximum eligibility
Reduce my Subsidized Loan to
$_________ New Annual Amount or
Cancel all unpaid Disbursements
Comments:
Federal Direct Unsubsidized Loan - Interest starts accruing (accumulating) from the time the funds are disbursed to you.
Increase my Unsubsidized Loan to
$_________ New Annual Amount or
Maximum eligibility
Reduce my Unsubsidized Loan to
$_________ New Annual Amount or
Cancel all unpaid Disbursements
Check here to request additional Unsubsidized Loan in the amount of $_________ as a result of your parent’s Federal PLUS
Loan Denial. Maximum of an additional $4,000 or remaining unmet cost, whichever is less.
Comments:
Parent PLUS Loan A parent signature is required below.
Cancel the entire 2018-2019 amount
Reduce my PLUS loan to $_________
Work-Study
Decline my Federal Work Study 2018-2019 offer
Replace with Loan if possible:
YES
or
NO
Other
I will not be attending Indian Hills Community College; therefore, I am declining my 2018-2019 financial aid.
My request is not listed above (specify change):
In addition, please be advised that you have the right to cancel or reduce your loan(s) by contacting OneStop.
I understand that IHCC will process Subsidized loan funds up to the annual amount above, or my maximum eligibility, whichever is
smaller, with the remainder in Unsubsidized loan funds.
A hand written signature, not typed, is required.
Student’s Signature
(Required)
Date
Parent’s Signature
*
Date
(*Only Required for Parent Plus Loan Adjustments)
FOR OFFICE USE ONLY:
Processor Notes:
Received by:
___________
Staff initials
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