- File the complimentary Application for Federal scholar help (FAFSA) by March 1 for consideration, and submit all needed documents (as noted regarding the student’s myPurdue account) to your Division of Financial Aid (DFA). Eligibility with this loan is dependent on showing a higher standard of financial need (as decided by the FAFSA) and available financing.
- DFA will be sending the learning pupil an Award observe that the debtor may use to find out loan duration, the sort of eligibility, as well as the level of eligibility.
- The debtor needs to decide how much they wish to borrow and certainly will have the choice to simply accept the amount that is full or decrease the loan quantity at myPurdue.
- The pupil shall be asked to signal a Promissory Note 1-2 business times after accepting the mortgage.
Just how to Accept/Decline
You’ll be necessary to signal a promissory note 1-2 times after accepting your loan. Heartland ECSI, the party that is third servicer, will be sending you a contact in this schedule showing as soon as your promissory note is present. Continue reading