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Applying for a Federal Stafford Loan

If you have previously received a Stafford Loan through Highland, click here .

Students who are interested in obtaining a Federal Stafford Loan and have not received a Stafford Loan through Highland Community College previously must complete the following process:

  • Complete a 2007-08 Free Application for Federal Student Aid (FAFSA) either by mail or online at www.fafsa.ed.gov to see if you are eligible for assistance. You may file this form anytime after January 1, 2007.
  • Be sure you are in "good standing" according to the Standards of Academic Progress at Highland Community College. Students who are on Financial Aid Termination are not eligible for a student loan.
  • Be enrolled in at least six credit hours for the semester.
  • Complete online Loan Entrance Counseling at www.mapping-your-future.org .

    Click on the Student Loan Counseling Interview box. Then click the Stafford entrance counseling box. This will take you to the page titled "Online Student Loan Counseling". Click on the icon that displays Stafford Loan. Please read through all of the directions and proceed as instructed. When asked to choose a school, be sure to select Highland Community College, Freeport, IL. Print the Confirmation page to bring to the loan counseling appointment.
  • Review your Student Aid Report (SAR). This is the report that you receive after you submit your Free Application for Federal Student Aid (FAFSA). Make changes/corrections to your FAFSA if necessary.
  • Make a loan counseling appointment with the Student Financial Aid Coordinator by calling 599-3559. Prior to the appointment, you should pick up a student loan packet from the Financial Aid Office.
Students who have previously received a Stafford Loan through HCC must complete the following process in order to apply for a loan:
  • Complete a 2007-08 Free Application for Federal Student Aid (FAFSA) either by mail or online at www.fafsa.ed.gov to see if you are eligible for assistance. You may file this form anytime after January 1, 2007.
  • Be sure you are in "good standing" according to the Standards of Academic Progress at Highland Community College. Students who are on Financial Aid Termination are not eligible for a student loan.
  • Be enrolled in at least six credit hours for the semester.
  • Review your Student Aid Report (SAR). This is the report that you receive after you submit your Free Application for Federal Student Aid (FAFSA). Make changes/corrections to your FAFSA if necessary.
  • Complete a Stafford Loan Request Form and submit it to the Financial Aid Office. Click here to print the Stafford Loan Request Form.
  • Select the lender from the Commonly Used Lenders List , and complete Master Promissory Note (MPN) by clicking on Apply Now.  Print copies of the MPN for yourself and Highland.  Bring Highland's copy to the Financial Aid Office along with the Stafford Loan Request form. Please note that you will need the PIN number assigned to you by the Department of Education to sign the MPN electronically.  If you did not receive a PIN number, or do not remember your PIN number, click here www.pin.ed.gov .

 

   
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