Your loan will not be processed until ALL required steps are complete! In addition to the budget worksheet on the front side of this
page, in order to receive a Federal Direct Stafford Loan you must complete the following four steps:
First-time EWC borrower:
Go online to https://studentloans.gov
Sign in using your Federal Student Aid ID (FSA ID)
Complete Entrance Counseling
Complete and sign Master Promissory Note (MPN)
Complete and submit the EWC Loan Request Form to the
Financial Aid Office
Second- and third-year EWC borrower:
Go online to nslds.ed.gov
Click Financial Aid Review
Accept Security
Sign in using your Federal Student Aid ID (FSA ID)
Review your aid summary page
Print a copy of your summary page
(You may also use MyStudentData Download to
download your information into a portable format)
Complete and submit the EWC Loan Request Form with a copy
of your NSLDS Summary Page
Please indicate how much loan you would like to borrow. Unless otherwise indicated, all loans will be processed for the full
2018-2019 academic year (this does not include the summer semesters). Annual loan maximums are as follows:
Freshman = $3,500; Sophomore = $4,500. May be subsidized/unsubsidized or a combination of both, depending on eligibility.
Students MAY qualify for additional unsubsidized loan amounts, but must complete an Additional Loan Request Form
Please note: in addition to annual loan limits, there are aggregate limits to all direct student loans. Students are also limited to
receiving subsidized loans for a period not to exceed 150% of the length of the borrower’s educational program.
I wish to borrow a total of: $__________________________________________________.
(Can indicate MAX to receive maximum amount if you are unsure of eligibility)
The Financial Aid Office always processes the maximum subsidized loan for which you are eligible first.
Do you wish to decline Federal Work Study eligibility to maximize subsidized loan eligibility (if needed): _____Yes _____ No
Unsubsidized loans start accruing interest from the day they are disbursed. Do you wish to decline
unsubsidized loans and only take out the maximum of subsidized for which you are eligible? _____Yes _____ No
I wish to borrow for the following term(s) (check one):
Full Academic Year (August 2018 to May 2019; disbursements are split in half—one fall, one spring)
One semester only (indicate one below):
Please note: Loans must be disbursed in two equal disbursements; the second will be at semester mid-point
Fall 2018 (Aug 2018 to Dec 2018) I am graduating in December: _____Yes _____ No
Spring 2019 (Jan 2019 to May 2019) I am graduating in May: _____Yes _____ No
Summer 2019 (May 2019 to July 2019) A separate summer loan application will be available when you enroll
By signing below I authorize the Eastern Wyoming College Financial Aid Office to process my Loan Request Form.
I understand the Financial Aid Office will submit my information to the National Student Loan Data System (NSLDS)*
and that it will be accessible by U.S. Dept. of Education Servicers, guaranty agencies, lenders, and schools determined
to be authorized users of the data system.
Student’s Signature: _____________________________________________________ Date: __________________________
Revised 01/2019
STEPS TO REQUESTING A FEDERAL DIRECT STAFFORD LOAN
1. Your award notice estimates the amount of Direct Loan for which you qualify. Amounts may change and your loan may be
decreased if you receive additional awards exceeding your cost of attendance.
2. Please complete and submit the Student Educational Expense Worksheet on the front of this form. The worksheet is designed to
prepare the student to manage his/her educational finances.
3. You must be admitted in a degree-seeking program and be enrolled at least half time (six credits) per semester.
4. If you are a first-year student and/or first-time borrower, your first disbursement will be delayed 30 days from the start of your
enrollment period.
5. *Enrollment and financial aid information is submitted to the National Student Loan Data System (NSLDS) and is accessible by
guaranty agencies, lenders, and institutions determined to be authorized users of the data system. Students can keep track of
loan status and outstanding balance through the Financial Aid Review section of nslds.ed.gov.