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  • Overlapping Lapping Loan Clearance Form

Get Overlapping Lapping Loan Clearance Form

Rently have a Federal Stafford Loan (Direct Loan) at another institution. In order to award subsequent loans, in compliance with federal regulations, this form must be completed by a financial aid administrator at your previous institution. We will be unable to approve your pending application for a student loan at Tidewater Community College until this form has been received in the Central Financial Aid Office at the address below. Thank you. I authorize the release of the information requested.

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How to fill out the Overlapping Lapping Loan Clearance Form online

Filling out the Overlapping Lapping Loan Clearance Form online is essential for ensuring that your student loan application processes smoothly. This guide will provide you with clear instructions on how to complete each section of the form with ease.

Follow the steps to successfully complete the form online.

  1. Click ‘Get Form’ button to access the form and open it in the editor.
  2. Begin by entering the student name in the designated field. Ensure that the name matches the one on your official documents.
  3. In the Social Security section, enter the last four digits of your social security number. This is used for identification purposes.
  4. Proceed to fill in your student ID with just the last four digits, followed by your Tidewater Community College (TCC) ID.
  5. Carefully read the note regarding your Federal Stafford Loan and ensure that you have documentation from your previous institution.
  6. In the authorization section, you will need to sign and date, giving permission for your information to be shared with Tidewater Community College.
  7. Move to the School Certification section where a school official needs to print their name, title, sign, and date to verify the information.
  8. Enter the school official’s contact details, including phone number and email, along with the institution name and address.
  9. Indicate the student's official last date of attendance, along with the loan period's start and end dates.
  10. Report on the loan amounts received, detailing subsidized and unsubsidized amounts, and confirm if any future disbursements are canceled by selecting 'Yes' or 'No'.
  11. Finally, review all entered information to ensure accuracy. Once completed, you can download, print, or share the form as needed.

Complete your documents online and ensure a seamless financial aid process.

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The Standard Repayment Plan is the basic repayment plan for loans from the William D. Ford Federal Direct Loan (Direct Loan) Program and Federal Family Education Loan (FFEL) Program. Payments are fixed and made for up to 10 years (between 10 and 30 years for consolidation loans).

A loan period is the academic year or portion of an academic year (for example, a single semester or quarter) that the loan is requested for.

Overlapping loans may occur when a transfer student took out loans at another institution just before transferring to ours.

The maximum loan period is generally the school's academic year but cannot exceed a 12-month period. It is possible, but not typical, to have more than one loan in an academic year. As we've seen, the loan period is often equivalent to an academic year.

If a student who received a Direct Loan transfers from one school to another school or changes to a different program at the same school and there is an overlap between the academic year associated with the loan received for the first school or program and the academic year for the new school or program, this overlap ...

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232