2015-2016 Loan Packet (Please use for Fall 2015, Spring 2016, and Summer 2016.)
National Student Loan Data System (NSLDS)
The National Student Loan Data System (NSLDS) is the U.S. Department of Education’s (ED’s) central database for student aid. NSLDS receives data from schools, guaranty agencies, the Direct Loan program, and other Department of ED programs. NSLDS Student Access provides a centralized, integrated view of Title IV loans and grants so that recipients of Title IV Aid can access and inquire about their Title IV loans and/or grant data. Read More…
Time Limitation on Direct Subsidized Loan Eligibility for First-Time Borrowers on or after July 1, 2013
There is now a limit on the maximum period of time (measured in academic years) that you can receive Direct Subsidized Loans. In general, you may not receive Direct Subsidized Loans for more than 150% of the published length of your program. This is called your “maximum eligibility period”. You can usually find the published length of any program of study in your BRTC catalog. Please click here for addition information.
To get an early look at which loans you may be eligible for and see estimates for how much you would pay monthly and overall go to: https://studentloans.gov/myDirectLoan/repaymentEstimatorLoginRedirect.action.
For additional information on Student Loan Repayment visit this website! http://www.ed.gov/blog/2013/10/4-things-you-need-to-know-about-repaying-your-student-loans/
Deferment and Forbearance
A deferment or forbearance allows you to temporarily postpone making your federal student loan payments or to temporarily reduce the amount you pay. For more information on this please click here