Your loan will not be processed until ALL required steps are complete! In addition to the budget worksheet on the front side of this
page, in order to receive a Federal Direct Stafford Loan you must complete the following four steps:
First-time EWC borrower:
Go online to https://studentloans.gov
Sign in using your Federal Student Aid ID (FSA ID)
Complete Entrance Counseling
Complete and sign Master Promissory Note (MPN)
Complete and submit the EWC Loan Request Form to the
Financial Aid Office
Second- and third-year EWC borrower:
Go online to nslds.ed.gov
Click Financial Aid Review
Accept Security
Sign in using your Federal Student Aid ID (FSA ID)
Review your aid summary page
Print a copy of your summary page
(You may also use MyStudentData Download to
download your information into a portable format)
Complete and submit the EWC Loan Request Form with a copy
of your NSLDS Summary Page
Please indicate how much loan you would like to borrow. Annual loan maximums are as follows:
Freshman = $3,500; Sophomore = $4,500. May be subsidized/unsubsidized or a combination of both, depending on eligibility.
Students MAY qualify for additional unsubsidized loan amounts, but must complete an Additional Loan Request Form
** If you have already received loans during 2019-2020, your total summer loan eligibility may be limited **
Please note: in addition to annual loan limits, there are aggregate limits to all direct student loans. Students are also limited to
receiving subsidized loans for a period not to exceed 150% of the length of the borrower’s educational program.
I wish to borrow a total of: $__________________/subsidized loan $__________________/unsubsidized loan
(Can indicate MAX to receive maximum amount if you are unsure of eligibility) I understand that with an unsubsidized loan, I start accruing
interest on the loan as of the day it is disbursed to me.
• I understand that Summer loans MUST be disbursed in two disbursements!
• I also understand that I must be enrolled in and attending at least six credits during the summer term to receive my summer
loan disbursements.
• If I am a first-time loan borrower, I understand that there is a 30-day delay on receiving the first disbursement of my loan funds.
By signing below I authorize the Eastern Wyoming College Financial Aid Office to process my Loan Request Form. I
understand the Financial Aid Office will submit my information to the National Student Loan Data System (NSLDS)* and that
it will be accessible by U.S. Dept. of Education Servicers, guaranty agencies, lenders, and schools determined to be authorized
users of the data system.
Student’s Signature: _____________________________________________________ Date: __________________________
Revised 07/2019
STEPS TO REQUESTING A FEDERAL DIRECT STAFFORD LOAN
1. Your award notice estimates the amount of Direct Loan for which you qualify. Amounts may change and your loan may
be decreased if you receive additional awards exceeding your cost of attendance.
2. Please complete and submit the Student Educational Expense Worksheet on the front of this form. The worksheet is
designed to prepare the student to manage his/her educational finances.
3. You must be admitted in a degree-seeking program and be enrolled at least half time (six credits) per semester.
4. If you are a first-year student and/or first-time borrower, your first disbursement will be delayed 30 days from the start
of your enrollment period.
5. All loans will be disbursed in two disbursements.
6. *Enrollment and financial aid information is submitted to the National Student Loan Data System (NSLDS) and is accessible
by guaranty agencies, lenders, and institutions determined to be authorized users of the data system. Students can keep track
of loan status and outstanding balance through the Financial Aid Review section of nslds.ed.gov
.