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BAS Fall/Spring Base Loan ApplicationFirst Name: Last Name: S #: Primary Phone Number: Please check each of the following:?I understand that my loan request may be reduced or denied.?I understand that student loans are to be used for educational expenses only.?I understand that it may take up to 4 weeks for my loan request to be awarded.?I understand that to be eligible for my loan, I must be actively enrolled in at least a half-time (6 credit hours) enrollment status (no withdrawals or unsatisfactory grades at this point in the term) in order to qualify and receive a student loan.? I understand that if I fail or withdraw from all or part of my classes, I may be asked to return all or part of my loan.? I understand that the loan funds will disburse to the school first, to pay off any balance I may have, and then I will receive any remaining funds.?I understand that first-time loan borrowers have to wait at least 30 days into the semester before their first loan disbursement will be applied to their account.?I understand that I must complete a Master Promissory Note (MPN) at complete Direct Loan Entrance Counseling via D2L if this is my first Direct Loan. Please contact the Financial Aid Office for more details.The base amount of your loan request for Junior/Senior level is $5,500. Please choose one of the following: ?I want to request the base amount offered to me.?I want to request an amount less than the base amount offered to me: $Fall/Spring loans are split evenly, 50/50, between the Fall and Spring semesters. Contact the Financial Aid Office for more information about disbursement dates.All loan information will be submitted to the National Student Loan Data System (NSLDS). All information will be accessible by guaranty agencies, lenders, and institutions determined to be authorized users of the data system.Students can view their loan and/or Title IV grant information that they receive on NSLDS. Students can access NSLDS at . Signature: Date: ................
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