Federal Stafford Direct Loan Information
Almost all students qualify for loans, no matter how high their family income may be. The U.S. Department of Education provides the lowest interest loans, which are called Federal Direct Loans. Student usually qualify for a loan if enrolled for at least 6 credit hours in a program that is eligible for federal financial aid and meet WGTC Satisfactory Academic Progress (SAP).
Taking out a loan is a serious commitment. Students must sign a legal contract called the Master Promissory Note that gives certain rights and responsibilities. Please log on the William D. Ford Federal Direct Loan Program website at https://studentaid.ed.gov/sa/sites/default/files/responsible-borrower.pdf for more information regarding Borrower’s Right and Responsibilities.
Current information regarding student loans may be found on the Financial Aid webpage at http://www.westgatech.edu/fa/index.htm.
Track Your Loan
Current loans may be tracked at the National Student Loan Data System (NSLDS) at https://www.nslds.ed.gov/nslds_SA/. All federal loan information is reported to NSLDS, where students, loan servicers, and other users can access it.