Getting a Loan

New Loan Applicants

Durham Technical Community College students who have never had a Direct Loan are required to complete the following four steps to be considered for a student loan. The Free Application for Federal Student Aid (FAFSA) must be completed before you can complete these steps.

Students should complete and submit all financial aid form documents prior to applying for a loan.

Students who have received a loan and wish to continue receiving a loan must re-apply. To learn more, see below for information about Previous Loan Recipients.

admissions-step-1.gif Complete Entrance Counseling
Complete the required Entrance Counseling online.


admissions-step-2.gif Complete your Electronic Master Promissory Note (eMPN)
Fill out your electronic eMPN online at studentloans.gov.


admissions-step-3.gif Attend a Loan Entrance Workshop at Durham Tech (Recommended, but optional)

Loan workshops will not be held Summer 2020 as the campus is limited to essential personnel. Students may wish to access free virtual financial coaching. Schedule a one-on-one appointment online or email Larry Chapman


admissions-step-4.gif Complete and Submit the 2020 Loan Authorization Form (Summer 2020 or Fall 2020/Spring 2021/Summer 2021) to the Financial Aid office. All sections must be completed to be considered for a loan. You may submit the form at the workshop or turn it in to the Financial Aid office once complete. All sections, including the budget worksheet, must be completed to be considered for a loan.
 

Previous Loan Recipients from Durham Tech

Students who have received a loan from Durham Tech and who wish to continue to receive a loan must reapply for each academic year. Students who have previously borrowed at Durham Technical Community College (only) may complete the Loan Authorization form online and then print and submit the signed form to the Financial Aid office, Phail Wynn, Jr. Student Services Center, room 10-210. The FAFSA must be completed and all follow-up paperwork submitted before the Financial Aid office can accept your loan request. Since you have previously received a loan from Durham Tech, a new eMPN, Entrance Counseling, or attending a Durham Tech Loan Workshop is not required.