Danville Area Community College 
 Federal Stafford Loan (FFEL) Request Form

Please read the following information and answer the questions below. Once completed submit the form to the DACC Financial Aid Office (FAO), in person, by mail or fax.   DACC’s address: 2000 E. Main, Danville, IL 61832,  FAX # (217) 443-8268.

Once submitted you will be notified of whether or not you are eligible to be certified for a Stafford Loan this Award Year. If eligible you will receive a letter with further instructions on how to apply and complete the loan process.  You may use any lender who participates in the FFEL Program.  Check with your lender to see if they have an online application option.

Be Aware: Loan Certification Deadlines are posted on bulletin boards, Student News Letter and DACC’s WEB page (“Important Dates” ,www.dacc.edu) for each semester concerning the last date a Stafford Loan will be certified.  Loan Questions can be address via e-mail to: finaid@dacc.edu or phone (217) 443-8891


STUDENT: PLEASE PRINT  and Complete ALL Fields

Name: __________________________________________  SS# :____________________  E-Mail Address: ___________________________

Complete
Address:__________________________________________________________________________________________________

I am applying for:               Subsidized Stafford Loan (Interest free while enrolled in school)

                                                  Unsubsidized Stafford Loan (Interest accrues while enrolled in school)

Note: Eligibility for Subsidized Stafford Loan is determined before Unsubsidized Stafford Loan.

 Total Stafford Loan Requested:  $________________(* See Note bottom of page)

 Choose the academic period for which you want a Stafford Loan:

                                                                                                       Fall and Spring        Fall  Only       Spring  Only

 Expected Graduation Date:  ______ - _________ (month/year)

 
All new DACC Stafford Loan Borrowers must complete an Entrance Interview before your loan funds can be released.  You can complete this requirement on-line at
www.mappingyourfuture.org

If you had a student loan in the past:

Note: If you have prior loans leaving the above questions blank or answering incorrectly will result in delay or cancellation of loan certification.


Are you currently enrolled in at least 6 credit hours?       _____________

What is your cost for tuition and fees this semester?       $____________

What are your estimated book costs for this semester?  $_____________

Please provide a brief explanation of why you are requesting a student loan? __________________________________________________________________

____________________________________________________________________________________________________________________________________________________________________________

 ( Print and Return completed form to the Financial Aid Office)

*  Note:  34 CFR Section 668.202(e)(1) of the Federal Family Education Loan (FFEL) Program provides that a school may refuse to certify a FFEL Stafford or PLUS loan application or may reduce the borrower's determination of need for the loan if the reason for that action is documented and provided to the student in writing provided the determination is made on a case-by-case basis.  If you are not eligible for a Stafford loan this Award Year you will be sent a notice indicating the reason.

DACC Financial Aid Office Home Page