|Durham Tech Home > College Catalog > Loan Applicants|
New Loan Applicants at Durham Tech (Previous loan recipients see below)
|New loan applicants (Durham Technical Community College students who have never had a Direct Loan) are required to complete the following four steps to be considered for a student loan. The Free Application for Federal Student Aid (FAFSA) must be completed before you can complete these steps.
|Step 1: Complete Entrance Counseling.|
|Complete the required Entrance Counseling online at www.studentloans.gov. Entrance Counseling will walk you through the Direct Loan process and explain your rights and responsibilities as a borrower. If you have not previously received a Direct Loan, the Federal Government requires you to complete loan counseling to ensure that you understand the responsibilities and obligations you are assuming.
|Step 2: Complete your Electronic Master Promissory Note (eMPN).|
|Fill out your electronic eMPN online at: www.studentloans.gov. The Electronic Master Promissory Note (eMPN) is a legal document in which you promise to repay your loan(s) and any accrued interest and fees to the U.S. Department of Education. It also explains the terms and conditions of your loan(s).
|Step 3: Attend a Loan Entrance Workshop at Durham Tech.|
|All new borrowers at Durham Tech must attend a one-hour workshop before their loan request can be processed. There are no exceptions. The loan workshop is required even if you have received student loans previously at another college.
Loan workshops are held on Wednesdays throughout the academic term. Workshop times alternate between morning and afternoon sessions. Below are the dates, times, and locations for Spring 2014:
|Wednesday, April 2||9 a.m.||Durham Tech/GlaxoWellcome Technology Center, room 900|
|Wednesday, April 9||5:30 p.m.||Durham Tech/GlaxoWellcome Technology Center, room 947|
|Wednesday, April 16||9 a.m.||Durham Tech/GlaxoWellcome Technology Center, room 900|
|Wednesday, April 23||5:30 p.m.||Durham Tech/GlaxoWellcome Technology Center, room 947|
|Wednesday, April 30||9 a.m.||Durham Tech/GlaxoWellcome Technology Center, room 900|
|Wednesday, May 7||5:30 p.m.||Durham Tech/GlaxoWellcome Technology Center, room 947|
|Step 4: Complete the loan request form.|
|The loan request form is distributed at the Durham Technical Community College Loan Workshop. You may submit the form at the workshop or turn it in to the Financial Aid office once complete. All sections, including the budget worksheet, must be completed to be considered for a loan.
|Previous Loan Recipients from Durham Tech|
|Students who have received a loan from Durham Tech and who wish to continue to receive a loan must reapply for each academic year. Students who have previously borrowed at Durham Technical Community College (only) may complete the Renewal Loan Request Form online and then print and submit the signed form to the Financial Aid office, Phail Wynn, Jr. Student Services Center, room 1210. The FAFSA must be completed and all follow-up paperwork submitted before the Financial Aid office can accept your loan request. Since you have previously received a loan from Durham Tech, a new eMPN, Entrance Counseling, or attending a Durham Tech Loan Workshop is not required.