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Maximum Eligibility
• 1st Year (less than 34 completed hours)
Dependent Undergraduate Student = $5,500 (No more than
$3,500 of this amount may be in subsidized loans)
Independent Undergraduate Student = $9,500 (No more than
$3,500 of this amount may be in subsidized loans)
• 2nd Year (more than 33 completed hours in a two year
program)
Dependent Undergraduate Student = $6,500 (No more than
$4,500 of this amount may be in subsidized loans)
Independent Undergraduate Student = $10,500 (No more than
$4,500 of this amount may be in subsidized loans)
Note: Dependent students whose parents are denied a PLUS
loan may be eligible for up to an additional $4,000 after
proof has been received.
Direct Loan Interest Rate
Direct Loans have a fixed interest rate that differs
depending on the loan type and other factors. Check with the
TVCC Financial Aid Office or the Direct Loan Servicing
Center for details and current interest rate information.
Direct Loan Counseling
Federal regulations require that all students who receive a
Federal Direct Loan (DL) must complete entrance
counseling.
Federal regulations also require that all students who
receive a Federal Direct Loan (DL) must complete exit
counseling prior to graduation or dropping below
half-time attendance. You may not be able to get a copy of
your college transcript until you have completed this
important step.
FFELP Loan Counseling
Students who have previously had FFELP Loans will be
required to do exit counseling for their bank loans prior to
graduation or dropping below half-time attendance. Please
note this is separate from the exit counseling for Federal
Direct Loans.
First Time Borrowers and New Students
Student aid regulations require the school to conduct
entrance loan counseling for all new & first-time borrowers
before issuing the first disbursement. If you're a
first-year undergraduate student and a first-time borrower,
your first disbursement cannot take place until 30 days
after the first day of your enrollment period begins (see
loan disbursement schedule).
Please Note: First-time borrowers will not receive the loans
in time to pay for tuition or books. A student who does not
have enough grant or scholarship money to cover tuition will
need to make alternative payment arrangements with the
Financial Aid Office for a temporary loan until their Direct
Loan funds can be disbursed.
Spring Loans and Withdrawal from Trinity Valley Community
College
If you withdrew from TVCC in the fall semester, and are
returning for the spring semester, please be aware that your
spring loans, if you were eligible, were cancelled when you
withdrew. You will need to contact us.
Summer Loans
Eligibility for a summer loan depends on your grade level,
degree plan, and amount of loans you have already borrowed
for the academic year.
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