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  • Undergraduate Student Loan Guidelines - Hflaclev

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Undergraduate program (either a two year or four year program) or an accredited vocational course. One co-signer living in the Northeast Ohio area is required for the first $5000 request. One additional cosigner is required for the second request. A previous co-signer or a new co-signer will be required for subsequent requests. Requests can be made throughout college, however, the aggregate amount cannot exceed $10,000, and no more than $5000 may be outstanding at a time. Requests are reviewed.

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  1. Click the ‘Get Form’ button to obtain the form and open it in your preferred editor.
  2. Fill in your personal information including your last name, first name, date of birth, social security number, and driver’s license number in the respective fields.
  3. Indicate your marital status and provide information about your dependents, including their age and gender.
  4. Provide your current home address, including city and postal code, and indicate how long you have lived at that address.
  5. Input school information such as the name of the institution you are attending, the year in school, and costs associated with tuition, books, living expenses, and additional fees.
  6. Complete the financial statement section by detailing all sources of income and expenses, including employment details and monthly financial obligations.
  7. Review and complete the signatures section, certifying that all provided information is accurate. Ensure both the borrower and co-borrower sign and date the application.
  8. Save the completed form, and consider downloading or printing a copy for your records. You may also share the form electronically as needed.

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A subsidized loan is your best option. With these loans, the federal government pays the interest charges for you while you're in college.

Four types of federal student loans are available: Direct subsidized loans. Direct unsubsidized loans. Direct PLUS loans. Direct consolidation loans.

$57,500 for undergraduates-No more than $23,000 of this amount may be in subsidized loans. $138,500 for graduate or professional students-No more than $65,500 of this amount may be in subsidized loans. The graduate aggregate limit includes all federal loans received for undergraduate study.

20 years if all loans you're repaying under the plan were received for undergraduate study. The remaining balance will be forgiven after 20 years. 25 years if any loans you're repaying under the plan were received for graduate or professional study. The remaining balance will be forgiven after 25 years.

Students who borrowed $12,000 or less will see their remaining balances wiped away after 10 years of payments, instead of 20 to 25 years. If you make your monthly payments, interest won't build up on your student loan balance.

Direct Subsidized Loans are loans made to eligible undergraduate students who demonstrate financial need to help cover the costs of higher education at a college or career school.

If you are an undergraduate student, the maximum amount you can borrow each year in Direct Subsidized Loans and Direct Unsubsidized Loans ranges from $5,500 to $12,500 per year, depending on what year you are in school and your dependency status.

Most students have two main options for student loans: federal (government) loans or private loans from banks, credit unions, and other lenders. You should research all your options for federal loans, also known as Direct loans, before shopping around for private loans.

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© Copyright 1997-2026
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
Your Privacy Choices
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
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
altaFlow
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 1997-2026
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232