HVCC Financial Aid Office Phone 518-629-7150 Guenther Room 110
80 Vandenburgh Ave Fax 518-629-7479 Monday-Friday
Troy, NY 12180 financialaid@hvcc.edu 8AM-5PM
Mastrangelo Financial Aid Center
2019-2020 Federal Direct Loan Application
Application Deadline:
Fall ONLY Loan Application December 6, 2019
Full Year or Spring Loan ApplicationMay 1, 2020
Did you borrow a student loan from Hudson Valley Community College any time during the last 12 months?
YES (complete Step 4 only)
NO (complete Steps 1 through 4)
Your FSA ID allows you to access your personal information on various Department of Education websites. It also
serves as your electronic signature.
You may Edit your FSA ID online at https://fsaid.ed.gov/.
This is required to borrow student loans and must be completed online at https://studentloans.gov.
Log In using your FSA ID. Accept Disclaimer. Agree to Terms and Conditions, then click Save Account Settings.
Click Complete Loan Counseling, then Start Entrance Counseling.
To enter school information, select New York and Hudson Valley Community College. Click Notify this school
.
Identify yourself as an undergraduate student.
Read all counseling information on each page and answer questions for that page. Be sure to complete all 5 tabs.
On the final page, click Submit Counseling.
The Financial Aid Office will receive an electronic record of your completed session within three to five business
days. To expedite processing of your loan, print the confirmation of your completed session and attach it to this
application.
Click on the link to complete your Master Promissory Note. (see Step 3)
I
f you need special accommodations, please contact the Financial Aid Office at 629-7150. There are computers available in the Financial Aid Office for student use.
PLEASE NOTE: Hudson Valley Community College is not responsible for technical difficulties that may occur with the websites.
The websites, on occasion, are unavailable for use.
This is a required legal document for your loan and must be completed online at https://studentloans.gov.
Log In using your FSA ID.
Click Complete Loan Agreement (MPN) then select Subsidized/Unsubsidized loan type.
Step One: Enter your personal and school information
.
S
tep Two: Enter complete information for two personal references.
Step Three: Review & Edit the information provided in Steps 1 & 2, then click Continue.
Step Four: Read all sections of the MPN and check the acknowledgement. Enter your name then click Sign &
Submit.
The Financial Aid Office will receive an electronic record of your completed MPN within three to five business
days. To expedite processing of your loan, print page 1 of your MPN and attach it to this application.
If you wish to complete a paper version of the MPN, please contact the Financial Aid Office. A paper MPN can take 6 - 8 weeks to process.
Step 1: Locate your FSA ID
Step 2: Complete your on-line Entrance Counseling
Step 3: Complete and sign your Master Promissory Note (MPN)
S
tudent Name:
Date of Birth:
Social Security Number:
Are you graduating from HVCC in fall 2019? YES or NO
Did you receive loans at another college during Summer 2019, Fall 2019 or Spring 2020?
YES or NO
I certify that I have completed my Entrance Counseling (Step 2).
I certify that I have completed my Electronic Master Promissory Note (Step 3).
If I have pending loan disbursements at another college, I must request those loans be cancelled in order to
borrow at HVCC.
I have read the financial aid webpages at www.hvcc.edu/finaid
. I understand the loan disbursement dates and
other financial aid procedures at Hudson Valley Community College. I will receive email disclosure statements from the
college and letters from my loan servicer each time a loan disbursement is made to my tuition account.
I understand that I must be continually enrolled and participating in 6 degree-applicable credit hours to borrow
student loans. I must also be enrolled in at least 6 credit hours to qualify for a deferment on the repayment of my loans.
I also understand that I must complete an Exit Interview if I graduate, withdraw completely or drop below 6 credit hours.
I will complete the on-line Exit Interview at www.studentloans.gov
using my FSA ID.
I understand that I must repay my student loans, including accrued interest, once I am no longer enrolled at least
half-time (6 credits).
I understand that I can speak with a financial aid professional at HVCC to discuss my indebtedness and repayment
responsibilities.
I have reviewed my loan information on the National Student Loan Data System (https://nslds.ed.gov/) and I am
aware that my current outstanding principal balance is $_____________________.
I would like to request a Federal Direct Subsidized Loan for: $____________________
I would like to request a Federal Direct Unsubsidized Loan for: $_____________________
The loan amounts above will be evenly divided for the Fall 2019 and Spring 2020 semesters.
Student Signature
Date
F
or office use only:
LOANAP
To be completed once processed:
MPN ENTINT
SUB $
UNSUB $
ROAENRL /
Term(s): AY Fall Spring
*Check dates on RLADLOR
OTHER SCHOOL 1920? ROASTAT /
Staff Initials:
Date:
HIGH SCHOOL RSISTDN /
Pending loans High School on ISIR
Step 4: Application Certification