Welcome to the online Direct Loan application website. The information that follows will guide you through the steps necessary to borrow a student loan at Eastern Iowa Community Colleges. In addition, you will be given valuable information about the Direct loan programs.
- You must have completed a Free Application for Federal Student Aid (FAFSA) and also have received a Financial Aid Award letter indicating your eligibility
for Stafford loans before completing the loan application process.
- All student loans will be disbursed in two installments. If your loan period is for
both the Fall and Spring semesters, your second disbursement will not be disbursed
until the Spring term. If your loan period is only for one semester, your second disbursement
will be made approximately mid-term of that semester.
- The earliest date student loan refund checks will be mailed is approximately four
weeks after the start of the semester. All first-time borrowers have a mandatory 30-day
waiting period before they receive their first disbursement. The earliest date student
loan refunds will be issued to first-time borrowers is approximately six weeks after
the semester begins.
To begin the online student loan process, please click the link below: