Fillable 2020-21 Loan Change Form (Eastern Florida State College)

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2020-21 Loan Change Form (Eastern Florida State College)

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The 2020-21 Loan Change Form (Eastern Florida State College) form is 2 pages long and contains:

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  • 31 check-boxes
  • 8 other fields

Country of origin: US
File type: PDF

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EFSC Office of Financial Aid
www.easternflorida.edu/go/aid | (321) 433-7339 | finaid@easternflorida.edu
07/01/20
LN_CHG
FA Loan Docs
2020-21 Loan Change Form
Direct Subsidized Loans and Direct Unsubsidized Loans are federal financial aid to assist eligible students manage the
cost of higher education. Loans are a type of financial aid that must be repaid. Repayment beings after you graduate,
cease enrollment, or drop below six credits.
A. Student Information
B#
Last Name First Name M.I. Student ID
B. Loan Annual and Aggregate Limits
Year in College
Dependent Students (except
students whose parents are unable
to obtain PLUS Loans)
Independent Students (and dependent
undergraduate students whose parents
are unable to obtain PLUS Loans)
Subsidized
Unsubsidized
Subsidized
Unsubsidized
Freshman Annual Loan Limit
0-29 credit hours earned
$3,500
$2,000
$6,000
Sophomore Annual Loan Limit
30+ credit hours earned
$4,500
$2,000
$6,000
Junior/Senior Annual Loan Limit
BAS & BSN students only
$5,500
$2,000
$7,000
Subsidized and Unsubsidized
Aggregate Loan Limit
$23,000
$31,000—No more
than $23,000 of this
amount may be in
subsidized loans.
$23,000
$57,500 — No more
than $23,000 of this
amount may be in
subsidized loans.
C. Loan Borrower Information
• Subsidized loans do not accrue interest while you are enrolled at least half time. Unsubsidized loans
begin to accrue interest 30 days after being disbursed.
• To receive Federal Direct loans you must complete a Master Promissory Note and Loan Entrance
Counseling on studentaid.gov.
• You must be attending at least six credit hours required for your program of study at EFSC to receive a
Federal Direct Loan. If you are registered in a later part of term classes, you will not receive the
disbursement of your loans until you have begun attendance in at least 6 credit hours.
• A first-time loan borrower will have a 30 day delay placed on the loan funds prior to the first
disbursement of the loan.
• Your loan will be prorated if the remaining portion of your academic program is less than one academic
year.
EFSC Office of Financial Aid
www.easternflorida.edu/go/aid | (321) 433-7339 | finaid@easternflorida.edu
2
D. Loan Change Request
Anticipated Graduation Date: __________________________________
☐ Please increase my current loan to
☐ $_________________ Subsidized for ☐ Fall 2020 ☐ Spring 2021 ☐ Summer 2021
☐ $_________________ Unsubsidized for ☐ Fall 2020 ☐ Spring 2021 ☐ Summer 2021
OR please award the maximum available for
☐ Subsidized ☐ Unsubsidized ☐ Both Subsidized & Unsubsidized
☐ Please decrease my current loan to
☐ $_________________ Subsidized for ☐ Fall 2020 ☐ Spring 2021 ☐ Summer 2021
☐ $_________________ Unsubsidized for ☐ Fall 2020 ☐ Spring 2021 ☐ Summer 2021
☐ Please cancel my current undisbursed loans for ☐ Fall 2020 ☐ Spring 2021 ☐ Summer 2021
☐ Please re-offer* my cancelled/declined loan for ☐ Fall 2020 ☐ Spring 2021 ☐ Summer 2021
Your loan will be placed in an offered status. You will need to log in to Titan Web via myEFSC to
accept/decline the loan that has been offered.
E. PLUS Loan Denial
☐ I am a dependent student whose parent has applied for a Direct PLUS Loan on studentaid.gov and have
received a denial. Please offer the maximum loans available.
F. Students without Parent Support
☐ Students whose parents refuse to support them are not eligible for a dependency override, but they may be
able to receive Direct Unsubsidized Loans only. For a student to be eligible for this provision, you must get
documentation (1) that your parents refuse to complete the FAFSA and (2) that they do not and will not
provide any financial support to you. Include the date support ended. If your parents refuse to sign and date
a statement to this effect, you must get documentation from a third party, such as a teacher, counselor,
cleric, or court.
G. Certification and Signature
By signing below I certify that all of the information reported is
complete and correct.
Student’s Signature Date
WARNING: If you purposely give false
or misleading information, you may be
fined, sent to prison, or both.
EFSC Office of Financial Aid
www.easternflorida.edu/go/aid | (321) 433-7339 | finaid@easternflorida.edu
3
H. Document Submission
You may submit this document by the following methods:
1. EFSC DOCUMENT DROPBOX (RECOMMENDED)
Print and complete this document (including the original signatures), scan the document, and upload the
document via the Document Dropbox in myEFSC.
2. BY MAIL
Mail your document to the Office of Financial Aid at:
Eastern Florida State College
Office of Financial Aid
Building 2, Room 209
1519 Clearlake Road
Cocoa, FL 32922
QUESTIONS?
Financial Aid Specialists are available by phone at 321-433-7339 and via e-mail at finaid@easternflorida.edu.
Eastern Florida State College is committed to equal access/equal opportunity in its programs, activities, and employment.
For additional information, visit Eastern Florida State College: easternflorida.edu/go/equity.
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2020-21 Loan Change Form (Eastern Florida State College)

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Completed 21 July 2020

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