______________________________________________________________________________________
______________________________________________________________________________________
Student Services
Financial Aid Office
2020-2021
Federal Direct Subsidized Loan Request Form
Your initial 2020-21 Kauai Community College Financial Aid Award notification ONLY includes funds
that are recommended for meeting the costs of your education. In many cases, KCC recommends not
borrowing at all, or recommends borrowing amounts that are less than the annual loan limits.
First Time Student Borrowers: If this is your first Federal Direct Student Loan, you will need to complete
and sign a Master Promissory Note (MPN) as well as Entrance Counseling prior to your loan being
processed. Once completed, and upon receipt of this signed form, your loan will be processed.
Please Note: First year student, first time borrowers: There is a 30-day delay in the release of the first
loan disbursement. (30 days AFTER the 1
st
day of the term).
Transfer Student Borrowers: If you have a borrowed a Federal Direct Student Loan at another
college/university in the last 10 years, you do not need to do a new MPN. You must complete Entrance
Counseling prior to your loan being processed. Once completed, and upon receipt of this signed form, your
loan will be processed.
Returning Student Borrowers: Upon receipt of this signed form, your loan will be processed.
Both the Master Promissory Note and Entrance Counseling can be completed at the following web site:
https://studentaid.gov
. Upon login, locate Complete Aid Process at the top of the page. Select MPN for
Undergraduates. The link to Complete Entrance Counseling is in the same area.
By completing this form, you are requesting a Federal Direct Subsidized Loan. This loan has specific
terms and conditions and differs from the Federal Direct Unsubsidized Loan. Visit
https://studentaid.ed.gov/sa/types/loans for further details.
Student’s
Name:
_ Date of Birth: __________________
_______________________________________
Phone #: ___ UH ID Number/User Name: _________________________________ __________________
U
SE THESE TOOLS TO HELP MAKE A SMART DECISION ABOUT BORROWING:
1. Go to https://studentaid.gov and sign in using your FSA User ID/Password
a) Upon login you will be on your Dashboard. On the top right under, Estimate monthly payments
and compare repayment plans, select Loan Simulator.
b)Select the Guide Me button located under, I Want to Find the Best Repayment Strategy.
c) Which of the following apply to you? Check the box next to None of these apply to me.
Continue.
d)Select Use My Account’s Loan Data.
Kaua’i Community College does not discriminate on the basis of age, race, sex, color, national origin, or disability in its programs and
activities. For more information or inquiries regarding these policies, please contact Title IX Coordinator, 808-245-8395 or Alicia Sams,
Student Support Counsel, samsa@hawaii.edu, 808-245-8317.
***Financial Aid Office Use***
RNASL ROASTAT ROAENRL RNANA RBAABUD
RPAAWRD RRAAREQ RHACOMM SHATERM
Approved _____ Denied _____ Reason if denied: _______________________________
e) Select Add a Loan. In the drop down choose Direct Subsidized Loan. Put the amount that you are
borrowing in Total Balance. Save. If you are applying for both a Subsidized Direct Loan and an
Unsubsidized Direct Loan, you will enter each loan separately. Once you have loaded your loan
amount(s), Continue.
f) Are you interested in Public Service Loan Forgiveness (PSLF)? Answer “No” to this question.
Continue.
g)What is your primary repayment goal? Select Pay off my loans as fast as possible. View
results.
h)Standard Repayment displays. Answer the following questions using the standard repayment
information.
1.
E
nter the "Monthly Payment" amount: $ _
____________________
2. E
nter the "Total to Be Paid" amount: $
______________________
i
) Reference your Dashboard for total amount borrowed prior to 2020-21.
1.
T
otal amount you borrowed prior to 2020-21 school year:
____________________
2. T
otal amount you plan to borrow for 2020-21 school year: ____________________
3.
If
I borrow in 2020-21, my total loan debt will be:
___________________________
S
ubsidized Loan Amount Requested: $
_____________________
S
ignature _________________________________________ Date
_ ______________
Kaua’i Community College does not discriminate on the basis of age, race, sex, color, national origin, or disability in its programs and
activities. For more information or inquiries regarding these policies, please contact Title IX Coordinator, 808-245-8395 or Alicia Sams,
Student Support Counsel, samsa@hawaii.edu, 808-245-8317.
Chrome Web Store
It looks like you haven't installed the Fill Chrome Extension Add to Chrome