Consolidating financial aid loans
For example, you may be eligible for a subsidized loan and an unsubsidized loan, provided you do not exceed the combined annual limits for both kinds of loans.Loan Limits: Subsidized and Unsubsidized Direct Stafford Loans HOW WILL I RECEIVE THE LOAN MONEY?
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Direct Stafford Loans include the following types of loans: Parent Loans Parent PLUS loans are for parents of dependent students.
(If you do not have a PIN, apply for one at ) Designate Wake Technical Community College as the institution.
Allow three to five business days for electronic confirmation of this transaction.
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Wake Technical Community College participates in the Direct Loan Lending Program, which offers the William D. 2012-2013 Parent Plus Loan You must reapply for financial aid each academic year. Ford Federal Direct Loan (Subsidized or Unsubsidized): Master Promissory Note (MPN) The Master Promissory Note (MPN) is used to make William D. The MPN can be completed and signed online at your Department of Education PIN.
Ford Federal Direct Loan Program are low-interest loans to help eligible students cover the costs of higher education at a four-year college or university, community college, or trade, career, or technical school. The Parent Plus Loan Master Promissory Note may be completed online at
Direct Loan Entrance Counseling (EC) The federal government mandates counseling for first-time borrowers, and Wake Tech requires a loan entrance interview.
The interview provides information about loans and student rights and responsibilities.