Direct 学生贷款
加拿大广播公司 participates in the William D. Ford Federal Direct 贷款 Program to offer student 贷款.
Some of the benefits of subsidized and unsubsidized Direct 贷款s are:
- Lower, fixed interest rates
- No credit check is required
Direct 贷款s are subject to origination fees, which offset administrative costs. 贷款 origination fees will be deducted from your loan proceeds prior to disbursement and you are responsible for the repayment of all fees. 贷款 amounts are determined based on your cost of attendance and other financial aid you have been awarded.
What's the difference between a subsidized and unsubsidized direct loan?
Direct Subsidized 贷款 are based on financial need. The 贷款 are interest-free while
you are attending school at least half-time and during the grace period.
Direct Unsubsidized 贷款s are not based on financial need and will accrue interest while you are attending school. You can save money in the long run by making your interest payments while attending college.
Direct 学生贷款 FAQs
Academic Grade Level/贷款 Type |
Maximum 贷款 Amount |
|
| First-Year Undergraduates | 依赖学生 | Independent Student |
| Base Direct 贷款 eligibility (Subsidized and Unsubsidized | $3,500 | $3,500 |
| Additional Unsubsidized Direct 贷款 eligibility | $2,000 | $6,000 |
| Maximum First-Year Total | $5,500 | $9,500 |
| Second-Year Undergraduates | ||
| Base Direct 贷款 eligibility (Subsidized and Unsubsidized) | $4,500 | $4,500 |
| Additional Unsubsidized Direct 贷款 eligibility | $2,000 | $6,000 |
| Maximum Second-Year Total | $6,500 | $10,500 |
| Aggregate (total) Undergraduate | $31,000 (no more than $23,000 of which may be subsidized) | $57,500 (no more than $23,000 of which may be subsidized) |
Bachelor in Applied Science (BAS) 贷款 Borrowing Limits:
Totals listed below are only for students accepted into a Bachelor in Applied Science
(BAS)项目.
| 依赖学生 | Independent Student |
|
| Base Direct 贷款 eligibility (Subsidized and Unsubsidized) | $5,500 | $5,500 |
| Additional Unsubsidized Direct 贷款 eligibility | $2,000 | $7,000 |
| Maximum BAS Yearly Total | $7,500 | $12,500 |
| Aggregate (total) Undergraduate | $31,000 (no more than $23,000 of which may be subsidized) | $57,500 (no more than $23,000 of which may be subsidized) |
Please allow 30 to 45 days for your loan to be processed. Complete all of the following 步骤:
- 提交你的 Free Application for Federal Student Aid (FAFSA) as soon after October 1 as possible for the upcoming school year. 我们会派人 email to the email address you provided on your FAFSA which will contain all your 额外的步骤. You can also access your Student Service Center for additional information. After notification that you have been offered grants or that you do not qualify for grants, proceed with the next steps.
- Verify you are enrolled in an eligible degree program and in at least six degree-required credits each quarter that you are requesting a loan.
- If you are a first-time borrower, complete the Entrance 咨询 prior to applying for your loan. The Entrance 咨询 session will help you understand your rights and responsibilities as a borrower so you can properly manage your future financial commitment.
- 完成你的 Master Promissory 请注意 (MPN) If you are a first-time borrower, or your MPN has or will expire soon,
- Complete, print, and submit the 2023-2024 Federal Direct 贷款 Request Form (Fall 2023-Summer 2024). *A maximum of two loan requests will be accepted per academic year.
- You will receive a 金融援助 Notification email with the maximum amount you are eligible to receive or the maximum amount of your request, whichever is lower.
- Your loan funds will be disbursed via BankMobile Disbursements, a technology solution, powered by BMTX, Inc.
Federal regulations require you to complete an 出口咨询 session upon termination at 加拿大广播公司, whether you graduate or withdraw. 本节课将 give you important information about repaying your Direct 学生贷款.
是的! We’ve teamed up with Solutions at ECMC to answer all of your student loan repayment 问题. Solutions is a service of the non-profit organization ECMC and is dedicated to helping you manage educational 贷款. Their resources are available to you free 电荷. To 联系 a Solutions Student 贷款 还款 Advisor, visit the ECMC网页 for email or web chat, or call them at 877-331-3262.
When you begin student loan repayment it is important to make your payments on time. Your student 贷款 become delinquent if you miss a required payment. 犯罪是 reported to the credit bureaus and will hurt your credit rating.
Solutions at ECMC, a non-profit that partners with 加拿大广播公司, can help you navigate the student loan repayment process and help you avoid delinquency and default by taking advantage of options that are available to you. Their services are free to you as 加拿大广播公司的学生. 参观 ECMC网页 for email or web chat, or call them at 877-331-3262.
If your 贷款 are delinquent for 270 or more days, you will enter student loan default. Defaulting on your 贷款 is very serious and can result in:
- Losing eligibility for future financial aid
- Damage to your credit history
- Garnishment of working wages and/or seizure of benefits or tax refunds
- Loss of eligibility for certain types of employment
Solutions at ECMC, a non-profit that partners with 加拿大广播公司, can help you navigate the student loan repayment process and help you avoid delinquency and default by taking advantage of options that are available to you. Their services are free to you as 加拿大广播公司的学生. 参观 ECMC网页 for email or web chat, or call them at 877-331-3262.
美国.S. Department of 教育 measures the ratio of students from a college who enter student loan repayment each year and who later default on those 贷款. 这一比率 of students who default within three years of entering repayment is what determines a college’s default rate.
These are the student loan cohort default rates for 加拿大广播公司 for the most recent cohort years calculated by the U.S. Department of 教育:
家长PLUS贷款
Parents of dependent undergraduate students can apply for a Parent PLUS 贷款 also offered through the William D. Ford Federal Direct 贷款 Program. 贷款不是 based on financial need, but a credit check is required. 父母可以 apply for a Parent PLUS 贷款 by completing the Direct PLUS 贷款 Application and Direct PLUS 贷款 Master Promissory 请注意. The Parent PLUS 贷款 amount is determined based on the cost of attendance and other financial aid awarded. 家长PLUS贷款 will be processed 30 to 45 days after notification that you have been offered grants or that you do not qualify for grants.
还款
When you graduate, leave school or drop to less than half-time status, you will have a six-month grace period before repayment begins. Once your grace period ends, you must begin repaying your loan(s). Find out about your 还款方式. You may repay all or part of your loan at any time without penalty and will save money by paying off your 贷款 early.
Private 教育 贷款s
You can apply for private education or alternative 贷款 directly from your lender
选择的. These types of 贷款 are not based on need and each lender determines the
eligibility criteria. Private education 贷款 may be an option for you to pay for
college expenses not covered by federal or other financial aid. 贷款 amounts are determined
based on your cost of attendance and other financial aid you have been awarded. 加拿大广播公司
does not recommend a particular lender(s), but we can provide 问题 for you to
consider when researching prospective lenders:
- Is there a minimum enrollment level required?
- Is there a satisfactory academic progress requirement?
- What is your lowest interest rate and fee combination and how can I get it?
- Is the rate only for a limited period, or is it for the life of the loan?
- Is there a limit on how high the variable rate can go?
- How often is the interest rate adjusted, and how is it determined?
- What interest rate can I get on a fixed-rate loan?
- How long will I be repaying the loan?
- Is there any penalty for paying it off early?
- Are your discounts guaranteed or are they subject to change later?
Student 贷款 Code of Conduct Objective and Responsibilities
In compliance with federal regulations, 加拿大广播公司's Code of Conduct for educational 贷款 prohibits the following:
- Revenue sharing arrangements with any lender
- Receiving gifts from 一个银行, a guarantor or a loan servicer
- Contracting arrangement providing financial benefit from any lender or affiliate of 一个银行
- Directing borrowers to particular lenders, or refusing or delaying loan certifications
- Offers of funds for private 贷款
- Call Center or 金融援助 Office staffing assistance
- Advisory Board compensation
