Federal Direct Loan Request Form

Federal Direct Loan Request Form

The Award Letter outlines your eligibility for the Federal Direct Loan Program (Subsidized and/or Unsubsidized). If you wish to borrow, fill out the information below.
Step 1
Name*

First NameLast Name
Phone Number*
Please enter a valid phone number.
Email*
example@example.com
Student ID Number*
Step 2
For which school year are you requesting a Direct Student Loan?*

2022-20232023-2024
Which Campus will you be attending?*

AlgonaEmmetsburgEsthervilleSpencerSpirit LakeOnline
Is this a new Loan Request or an update/change to a current Loan Request*

New Loan RequestUpdate/change a current Loan Request

Update/change current Loan Request
Explanation of update/change:*

End Update/change current Loan Request
Step 3
Please use your Award letter to decide how much you wish to borrow for Fall/Spring/Summer. (enter amounts below)
If Federal Subsidized Direct Loan is on your Award Letter, how much do you wish to borrow for Fall?*
Fall ($)
How much do you wish to borrow for Spring?*
Spring ($)
How much do you wish to borrow for Summer?*
Summer ($)
If I do not qualify for the subsidized loan requested above due to my enrollment level or additional aid received, I authorized Iowa Lakes to process an unsubsidized loan for the same amount.

I agree
If Federal Unsubsidized Direct Loan is on your Award Letter, how much do you wish to borrow for Fall?*
Fall ($)
How much do you wish to borrow for Spring?*
Spring ($)
How much do you wish to borrow for Summer?*
Summer ($)
You must indicate an amount on each line. If you do not wish to borrow or the loan is not listed on your award letter, you must enter 0. Do not enter a word -- it must be a monetary amount.
Step 4

If yes, your loan amount may be prorated based on federal regulations.
Will you be graduating from Iowa Lakes in December 2023?

YesNo
Step 5
Do you understand that you must be enrolled at least half time (6 credit hours) and maintaining Satisfactory Academic Progress and are enrolled in a program of study that leads to a degree? For a complete description of Iowa Lakes Community College's financial aid disbursement policies and procedures, please see the Iowa Lakes Community College Financial Aid Handbook.

I understand and agree to the terms and conditions.
Should be Empty:

Federal Direct Loan Request Form

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