Financial Aid Procedures and Guidelines for 2008-2009 and 2009-2010
Loan Procedure
In order to apply for a Federal Stafford Loan at CLC, you must:
- Submit a CLC Federal Stafford Loan RequestWorksheet 2009/2010.
- Entrance Loan Counseling 2009/2010
- CLC Parent PLUS Request Loan Worksheet 2009/2010.
- Complete your 2009/2010 Master Promissory Note online. (If you have trouble with the Master Promissory Note, please contact the Direct Loan Origination Center at 800-557-7394)
- Complete the verification process if you are selected for verification on your FAFSA.
- Meet CLC's standards of satisfactory academic progress.
Please note that the college certifies the loan amounts listed below.
Subsidized (max based on eligibility) |
Total Annual Limit (subsidized & unsubsidized combined) |
|
|---|---|---|
Dependent |
||
First Year |
$3,500 |
$5,500 |
Second Year |
$4,500 |
$6,500 |
Independent |
||
First Year |
$3,500 |
$9,500 |
Second Year |
$4,500 |
$10,500 |
| Note: All undergraduate annual loan amounts are subject to proration. | ||
CLC Loan Policy
For more information about borrowing at CLC, see Student Loan Policy
The Student Guide
For more information on the Federal Stafford student loan program, go to the Department of Education's website Student Guide
NSLDS Information
Information regarding Federal Stafford Loans will be reported to the National Student Loan Data System (NSLDS) with the U.S. Department of Education's (ED's) central database for student aid. NSLDS receives data from schools, guaranty agencies, the Direct Loan program, and other Department of ED programs. NSLDS Student Access provides a centralized, integrated view of Title IV loans and grants so that recipients of Title IV Aid can access and inquire about their Title IV loans and/or grant data. This information will also be accessible to authorized users of the NSLDS, such as guaranty agencies, eligible lenders, and eligible institutions of higher education. For more information visit www.nslds.ed.gov
Direct Lending