Fillable DIRECT LOAN REQUEST 2020-2021 (Big Bend Community College)

Fill Online, Printable, Fillable, Blank DIRECT LOAN REQUEST 2020-2021 (Big Bend Community College) Form

Use Fill to complete blank online BIG BEND COMMUNITY COLLEGE pdf forms for free. Once completed you can sign your fillable form or send for signing. All forms are printable and downloadable.

DIRECT LOAN REQUEST 2020-2021 (Big Bend Community College)

On average this form takes 4 minutes to complete

The DIRECT LOAN REQUEST 2020-2021 (Big Bend Community College) form is 1 page long and contains:

  • 1 signature
  • 10 check-boxes
  • 9 other fields

Country of origin: US
File type: PDF

U.S.A. forms for Big Bend Community College

BROWSE BIG BEND COMMUNITY COLLEGE 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
 
DIRECT LOAN REQUEST
2020-2021
Name: _________________________________ Social Security #: __________________________________
Date of Birth: ___________________________ Student ID #: _____________________________________
____ I AM A FIRST TIME BORROWER:
___ I have completed Entrance Loan Counseling online at https://studentaid.gov.
___ I have completed my Master Promissory Note at https://studentaid.gov.
____ I AM A RETURNING BORROWER:
___ I have completed my Annual Student Acknowledgement at https://studentaid.gov.
[On https://studentaid.gov, enter your FSA ID (FAFSA login), and hover over Complete Aid Process]
___ I have completed my Master Promissory Note for the 2020 – 2021 academic year at www.studentloans.gov
Requested Amount
Loan type Loan Details
See the back for limits
$
Subsidized
This loan does not accrue interest while you are in school at
least half-time or during deferment. You must have financial
need determined by the FAFSA.
See the back for limits
$
Unsubsidized
Interest begins accruing as soon as the loan is disbursed. You
can make interest payments or postpone them while in school.
TOTAL: $
The total will be evenly distributed among the quarters marked below
______ Summer 2020 ______ Fall 2020 _____ Winter 2021 ______ Spring 2021
Estimated BBCC Graduation Term & Year: _______________________________________________________________
I am aware that: I must be enrolled in at least 6 credits to receive my loan. If I am requesting a one quarter loan, it will be disbursed in 2 payments.
If I am a first time borrower and first time student, my loan will be delayed 30 days from the beginning of my first quarter. If I have less than 36
credits required until graduation, my loan will be prorated.
This is a loan and it must be repaid. Please borrow responsibly.
Signature: _______________________________________ Date: ________________________
Submit to the Financial Aid Department in the 1400 building, or send via email to faidinfo@bigbend.edu
Big Bend Community College does not discriminate on the basis of race, color, national origin, sex, gender, disability, or age in its programs or
activities. The following person(s) have been designated to handle inquiries regarding the non-discrimination policies. Kim Garza, Title IX
Coordinator, Building 1400, Office 1449 at (509)793-2010 / kimg@bigbend.edu
or LoraLyn Allen, Coordinator of Disability Services, Building 1400,
Office 1472 at (509)793-2027 / loraa@bigbend.edu.
FOR OFFICE USE ONLY
COA: _______________
EFC: _______________
FA: _______________
YEAR: _______________
ACADEMIC TAB: _______________
STATUS (D/I): _______________
PRO RATE:
SUB: ____X4500/36=________
UNSUB: ____x6000/36=________
NEED: _______________ DELAY: _______________
SUB GROSS: _______________
UNSUB GROSS: _______________
AWARDED ON: ______________
click to sign
signature
click to edit
UNDERGRADUATE DIRECT LOAN LIMITS
LOAN REPAYMENT EXAMPLE
Subsidized Loans $3,500.00
Unsubsidized Loans $2,000.00
Total Outstanding Education Loans $5,500.00
* Standard Repayment Term 10.0 Years
** Assumed Interest Rate 5.05%
Monthly Payments $58.47 x 120 months
Cumulative Payments $7,016.47
Projected Interest Paid $1,516.47
* For the purpose of this example, the standard repayment term is being used.
** Student loan interest rates vary based on the type of loan and when the loan was borrowed. For
the purpose of this example we are using an estimated interest rate of 5.05%.
CONSEQUENCES OF DEFAULT
Default: Failure to make your scheduled loan payment for at least 270 days.
• Your wages may be garnished.
• Your tax refunds and federal benefit payments may be withheld and applied toward your defaulted loan.
• The entire unpaid balance of your loan and any interest you owe becomes immediately due.
• You can no longer receive deferment or forbearance, and you lose eligibility for other benefits, such as the ability
to choose a repayment plan.
• You lose eligibility for additional federal student aid.
• Your credit rating will be damaged, impacting your ability to buy a car or house or to get a credit card.
• You may not be able to purchase or sell assets such as real estate.
• Your loan holder can take you to court.
• You may be charged court costs, collection fees, attorney’s fees, and other costs associated with collection.
• Your school may withhold your academic transcript until your defaulted student loan is satisfied.
Academic Year
Dependent
Independent
Subsidized
Unsubsidized
Subsidized
Unsubsidized
Max
First Year
0 - 45 credits
$3,500 $2,000 $5,500 $3,500 $6,000 $9,500
Second Year
45+ credits
$4,500 $2,000 $6,500 $4,500 $6,000 $10,500
AGGREGATE
Undergraduate Limits
$23,000 $8,000 $31,000 $23,000 $34,500 $57,500
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

DIRECT LOAN REQUEST 2020-2021 (Big Bend Community College)

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 8 October 2020

Message

View Audit Log
Print With Audit Log
Duplicate Document