Fillable Before You Borrow What is a Private Education (California Polytechnic State University, Pomona)

Fill Online, Printable, Fillable, Blank Before You Borrow What is a Private Education (California Polytechnic State University, Pomona) Form

Use Fill to complete blank online CALIFORNIA POLYTECHNIC STATE UNIVERSITY, POMONA pdf forms for free. Once completed you can sign your fillable form or send for signing. All forms are printable and downloadable.

Before You Borrow What is a Private Education (California Polytechnic State University, Pomona)

On average this form takes 4 minutes to complete

The Before You Borrow What is a Private Education (California Polytechnic State University, Pomona) form is 2 pages long and contains:

  • 0 signatures
  • 0 check-boxes
  • 15 other fields

Country of origin: US
File type: PDF

U.S.A. forms for California Polytechnic State University, Pomona

BROWSE CALIFORNIA POLYTECHNIC STATE UNIVERSITY, POMONA FORMS

Related forms
Fill has a huge library of thousands of forms all set up to be filled in easily and signed.
Fill in your chosen form
Sign the form using our drawing tool
Send to someone else to fill in and sign.
find another form
 
Office of Financial Aid & Scholarships Summer 2020 Loan Request
SSB Bldg #121 – First Floor
Private Loan
3801 W. Temple Ave; Pomona, CA 91768-4008
Phone: (909) 869-3700
Fax: (909) 869 - 4757
What is a Private Education Loan?
Private education loans (also known as alternative loans) are education loans from a lending institution and are
not a part of the federal government guaranteed loan programs, known as Direct Loans. Private loans are
available to cover the cost of attendance if you meet the credit criteria as defined by your lender. Private loans
usually do not have generous repayment benefits, such as those offered through the Federal Direct Loan
programs, and can have a much higher, variable interest rate or fees.
Before You Borrow
Before you start to search for private loan lenders, you should explore your eligibility for free or lower-cost
federal, state, and Cal Poly Pomona financial aid – including the Federal Direct PLUS Loan (for Graduate Students
or Parents of Undergraduate Students). The
instructions to complete the FAFSA and DREAM Application can be
found on our website at www.cpp.edu/financial_aid. Yo
u should exhaust all of your Federal, State, and Cal Poly
Pomona Financial Aid eligibility prior to borrowing from a private student loan.
Once you have decided to borrow a private student loan, it is your responsibility to find a lender, contact them
an
d apply for the loan accordingly. Your eligibility for a private loan will be based on your cost of attendance for
Summer 2020 only. Your loan funds will be scheduled for disbursement 10 days before school starts for the
semester that you are attending; the actual disbursement date will depend upon when Cal Poly Pomona
receives the funds from your lender.
Summer Loan Request Procedures
To apply for a Private Education Loan at Cal Poly Pomona for the Summer term, complete the following steps:
1. Apply for a private education loan directly with the lender of your choice. Be sure to use the Summer
2020 loan period only: May 27, 2020 through August 6, 2020.
2. Once the loan is credit-approved, submit the Summer 2020 Private Loan Request form to Cal Poly
Pomona’s Office of Financial Aid & Scholarship.
3. Your Private Loan Request will be reviewed to determine your eligibility. You must meet all of the
following:
a. You must have been credit-approved by a private loan lender.
b. Your anticipated enrollment (reported on the Loan Request) must meet the minimum number
of units required by your lender.
c. If required by your lender, you must be meeting the Cal Poly Pomona Satisfactory Academic
Progress (SAP) standards for Financial Aid Recipients.
4. Summer Private Loans will be processed based on the enrollment information you include on your Loan
Request Form. Applications will be processed on a rolling basis in order of the date received. Please
allow up to 5 business days for processing.
5. Although payment of your Summer Tuition & Fees is due by the Summer Fee Payment deadline, your
credit-approved private loan will postpone payment of your fees once the Office of Financial Aid &
Scholarships has certified the loan.
6. All Summer Private Loans will be disbursed according to your enrollment period and the date the Cal
Poly Pomona receives your loan funds from your lender.
Office of Financial Aid & Scholarships Summer 2020 Loan Request
SSB Bldg #121 – First Floor
Private Loan
3801 W. Temple Ave; Pomona, CA 91768-4008
Phone: (909) 869-3700
Fax: (909) 869 - 4757
STUDENT NAME: _____________________________________________ Bronco ID NUMBER:______________________
Student Borrower Information
SOCIAL SECURITY NUMBER______________________________________ DATE OF BIRTH______________________
STREET ADDRESS _____________________________________________________________________________________
CITY______________________________________________________ STATE_________ ZIP CODE_________________
ACADEMIC PROGRAM ENROLLED IN FOR SUMMER 2020 _____________________________________________________
Summer Loan Request & Enrollment Information:
Lender / Loan Type:_______________________________________________________ Date Applied:______________
Amount Requested: $_____________
Cal Poly Pomona reserves the right to certify less than the requested amount based on your eligibility.
List the number of units you are enrolled in – for each session of Summer 2020.
Term
Number of Units Enrolled In
Loan Disbursement Date
10 Week Summer Session (5/27/20 – 8/06/20)
05/27/2020
1
st
5 Week Summer Session (5/27/20 – 6/30/20)
05/27/2020
2
nd
5 Week Summer Session (7/01/20 – 8/04/20)
07/01/2020
Your Summer Private Loan Approval will be based on the anticipated enrollment information you provide
above. Any changes to your enrollment may result in a reduction and/or cancellation of your private loan.
Student Borrower’s Consent & Signature
By signing below, I certify that I have read and understand the following regarding borrowing a private education loan:
1. I understand that free or lower-cost Title IV federal, state, or Cal Poly Pomona financial aid may be available in
place of, or in addition to, a private education loan.
2. I understand that I should pursue and exhaust all other types of financial aid – including a Federal Direct PLUS
Loan for Graduate Students, or for Parents of Undergraduate Students – before pursuing a private loan, which
may have a higher interest rate and/or fees than federal loans.
3. I understand that a private education loan may reduce my eligibility for free or lower-cost federal, state, or Cal
Poly Pomona financial aid.
4. I have contacted the lender listed above and applied for a private loan directly with them.
5. I understand that my eligibility for a Private Loan is based on enrollment, the lender’s discretion to credit approve
the loan, and the lender’s discretion to fund the loan.
6. In the event my lender requires meeting Satisfactory Academic Progress (SAP), I understand that my request will
not be processed until after my SAP Status has been determined (approximately June 9, 2020).
Student Signature_____________________________________________ Date__________________________
Return This Form using our Secure Document Upload (on the Forms page of our website) or by FAX to (909) 869-4757
Download
Save PDF to desktop
Email
Email completed PDF
Send for Signing
Email for others to sign
Print
Print document
Choose a Field
Click on a field and
select the person that should complete it
Want to add a signature?
You can add a signature field
and assign it to someone else
to sign
Choose a Field
Click on a field and
select the person that should complete it

Before You Borrow What is a Private Education (California Polytechnic State University, Pomona)

This document is locked as it has been sent for signing.

You have successfully completed this document.

Other parties need to complete fields in the document. You will recieve an email notification when the document has been completed by all parties.

This document has been signed by all parties.

Completed 28 January 2021

Message

View Audit Log
Print With Audit Log
Duplicate Document