CCAD Financial Aid Loan Action Form

Requested Loan Period

FALL 2024 and SPRING 2025

FALL 2024 ONLY (for example, December graduates)

SPRING 2025 ONLY (for example, Spring starting students)

SUMMER 2024, FALL 2024 and SPRING 2025

*Loans are split equally between semesters attended.

If you are enrolling for Spring semester ONLY, you may borrow your full loan eligibility for one semester. However, keep in mind, for the following academic year, your full loan eligibility will be split between two semesters.

How do you plan to cover the remaining cost(s) in your bill? Selecting any of the options below does not automatically enroll you in any of them. Contact financialaid@ccad.edu for further assistance.

If you selected 'Other', please provide additional information on how you plan to cover the remaining costs in your bill.

Signature: By typing my name below and submitting this form, I confirm that I consent to the use of this electronic signature to establish my identity and confirmation of the accuracy of the submitted data. I acknowledge that any loans requested on this form will be processed by the CCAD Financial Aid Office, but that I have a right to cancel these loans up to 14 days after the loan has been disbursed. Any additional requests or adjustments needed AFTER the completion of this form must be made on our CCAD Loan Adjustment Form found on the CCAD website.

I confirm that this is not a binding contract.

LOAN ENTRANCE COUNSELING & MASTER PROMISSORY NOTE (MPN) REQUIREMENTS

Complete the following at studentaid.gov to ensure your student loan funds disburse to your student account. Once completed, CCAD will receive a notice automatically. These steps are NOT necessary for current students who have had a prior federal student loan at CCAD.

Complete Loan Entrance Counseling – This requirement is for all first-time student loan borrowers, to ensure you understand your rights and responsibilities as a student loan borrower.
Complete Master Promissory Note – This is the legal document where you promise to repay your loan(s) and any accrued interest to the U.S. Department of Education. It also explains the terms and conditions of your loan(s).

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