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Federal Direct Loan Request Form - Portland Community College - pcc

Federal Direct Loan Request Form - Portland Community College - pcc 2025

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The document is a Federal Direct Loan Request Form for students at the Financial Aid Office, detailing the process to request, adjust, or cancel Federal Direct Student Loans. It includes sections for student information and specific requests such as loan reinstatement, increases for second-year students, additional loans due to denied Parent PLUS loans, and loan cancellations or reductions. Students must complete relevant parts of the form based on their needs and certify the accuracy of their information.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How do I apply for a federal direct student loan?

To apply for a Direct Loan, you must first complete and submit the Free Application for Federal Student Aid (FAFSA) form. Your school will use the information from your FAFSA form to determine how much student aid you are eligible to receive. Direct Loans are generally included as part of your financial aid package.

What is a PCC loan?

The FAFSA form allows students to request federal grants, work-study funds, and loans, all in one application. The FAFSA form allows students to request federal grants, work-study funds, and loans, all in one application.

Do parents who make $120000 still qualify for FAFSA?

Pasadena City College (PCC) participates in the William D. Ford, Federal Direct Parent Loan (PLUS) program. The PLUS loan is a competitively low-interest loan for parents to help pay for the cost of their students education. The Federal PLUS lender is the U.S. Department of Education.

What is the monthly payment on a $40,000 student loan?

Direct Stafford Loan Limits (Subsidized and Unsubsidized) Undergraduate students Dependent1Independent2 1st-year $5,500 ($3,500)3 $9,500 ($3,500) 2nd-year $6,500 ($4,500) $10,500 ($4,500) 3rd- and 4th-year $7,500 ($5,500) $12,500 ($5,500)1 more row

How much direct student loan can I get?

Federal student loans typically take a few weeks to a couple of months from the time you submit the FAFSA to when the funds are disbursed. Disbursement usually happens 710 days before the academic term starts.

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