Loan Information

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Student Loans

If you're planning to use federal student loans to help pay for college, you'll need to complete a few required steps before your loan can be processed.

Important Requirements

To receive a federal student loan:

You must complete all required loan steps.
You must be enrolled in at least 6 eligible credit hours at Garden City Community College.
Only courses that apply toward your degree or certificate program are eligible for federal financial aid.

Borrowing a Student Loan

Step 1: Accept Your Loan

Accept your loan by one of the following methods:

Log in to myGCCC and select My Awards from the myFinancial Aid tile to accept your loan online.
Or complete a Loan Acceptance Form if you prefer a paper copy.

The Loan Acceptance Form lets us know how much you want to borrow and must be completed each time you borrow a loan. You can submit it in person, by email, or by fax to the Financial Aid Office.

Loan Acceptance Form

Step 2: Complete Federal Loan Requirements

Visit StudentAid.gov and sign in using your FSA ID and password.

You'll need to complete the following:

Loan Entrance Counseling

Required the first time you borrow a federal student loan.
Recommended if you've borrowed before.

Master Promissory Note (MPN)

Complete the Federal Direct Stafford Master Promissory Note (Subsidized/Unsubsidized Loan).
Required the first time you borrow a Direct Loan.
An MPN is generally valid for up to 10 years, so if you've already completed one for a Direct Loan, you may not need to complete it again.

Deadline

All loan requirements for fall only loans must be completed by December 1, 2026 or 7 business days prior to your last day of attendance, whichever occurs first, and fall/spring loans must be completed by May 4, 2027 or 7 business days prior to your last day of attendance, whichever occurs first to allow enough time for your loan to be processed.

Loan Exit Counseling

If you have borrowed Federal Direct Student Loans, federal regulations require you to complete Loan Exit Counseling when you:

Graduate from Garden City Community College
Drop below 6 credit hours
Do not plan to return to GCCC

A hold will be placed on your GCCC student record until you complete Exit Counseling. This hold will prevent you from requesting an official transcript to be sent to another college or a potential employer.

Requirements

What You’ll Need

Before you begin your loan exit counseling, have the following information ready:

Your FSA ID and password
Your Social Security number
Your driver’s license number (if you have one)
Addresses and phone numbers for your parents and two additional references

How to Complete Exit Counseling

Visit StudentAid.gov and log in using your FSA ID and password.
Select Manage Loans.
Choose Complete Exit Counseling.
Follow the instructions and answer all required questions.
Continue until you receive confirmation that you have successfully completed Exit Counseling.

Once completed, the GCCC Financial Aid Office will receive electronic confirmation of your completion.

You can view your federal student loan information anytime through the National Student Loan Data System (NSLDS).

Questions? Contact the Financial Aid Office at 620-276-9519.

Parent PLUS Loans

A Parent PLUS Loan allows parents of eligible undergraduate students to borrow a federal loan to help pay for educational expenses.

Borrowing a Parent Plus Loan

Step 1: Complete the Parent PLUS Loan Application

Visit StudentAid.gov and log in using your FSA ID and password.
Select Grants and Loans.
Choose PLUS Loans: Grad PLUS and Parent PLUS.
Select Learn More under “I am a Parent of a Student”.
Complete the Parent PLUS Loan Application by following the instructions provided.

Step 2: Complete the Master Promissory Note (MPN)

Return to StudentAid.gov.
Select Grants and Loans.
Choose Master Promissory Note (MPN).
Select Start under “I’m a Parent of an Undergraduate Student.”
Complete all required steps to submit your MPN.

Form

Once both requirements are completed, the Parent PLUS Loan can be processed by the Financial Aid Office. If you have questions, please contact the Financial Aid Office.

Parent Plus Loan Acceptance Form