Federal Family Education Loans - Stafford and PLUS
Federal loans are available as a resource for most students. This type of financial aid needs to be paid back when the student leaves school. At KCKCC students must complete a new loan application (MPN) for each requested loan amount. Applications for Federal Stafford Loans or Parent Loans are available by request at the Student Financial Aid Office or Leavenworth Center. Students must officially enroll in at least six (6) credit hours of coursework before the Master Promissory Note (MPN) will be certified by KCKCC and sent to a lender chosen by the student.
After the MPN is certified, it is forwarded to the lender chosen by the student. An award notice is sent to the student indicating the amount of the loan(s) awarded and the expected disbursement dates which indicates when loan funds will be sent by the lender to the college. There will be two disbursement dates each semester.
When funds are received by the college, the student’s account in the Business Office will be credited. Remaining loan funds not used to pay for tuition, books and fees will be mailed to the student by the KCKCC Business Office no later than 13 days after the disbursement date.
Students who have not received federal student loans at any other school are required by federal law to wait 30 days after the first day of the semester before student loan funds are released. Disbursement days will be set according to individual student class schedule start dates and loan processing volume.
All first time KCKCC students who apply for student loans must complete a borrower entrance counseling session before the loan application can be processed. Students may complete the borrower entrance counseling session on the Internet.