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Midland College Direct Loan Program

Application Deadline:
Fall - October 31st
Spring - March 31st
Summer - July 1st

REQUIRED ELIGIBILITY CRITERIA:

1) All official transcripts from all previous schools attended are on file at the Midland College Admissions Office.

2) I have completed the FAFSA, including all additional documentation required to ensure there is a completed file in the Financial Aid Office.

3) My cumulative GPA is a 2.0 or higher, I am making satisfactory academic progress and am not currently on Academic Suspension.

4) I am currently (or plan to be) enrolled in at least 6 hours and understand that if at any time I drop below 6 hours, my loan will not be disbursed to me.

5) I understand that I am required to attend a mandatory group loan counseling session or set up a phone appointment with the Loan Coordinator if I live out of town, before I am eligible to receive a loan from Midland College.

6) I understand that I am required to complete Entrance Counseling and sign a Master Promissory Note (MPN) in order to receive the first disbursement of my Direct Loan.

7) I understand that I am responsible for completing Exit Counseling should I graduate, withdraw, or drop below the requisite 6 hours and that a hold will be place on my Midland College records if I fail to complete Exit Counseling in a timely manner.

By checking this box I agree to the items above and certify that to the best of my knowledge the information contained on this form is correct and complete. I agree that Midland College has my permission to verify any and all information.