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Huntington Junior College
participates in the FFELP (Federal
Family Education Loan Program).
The application is called the
Master Promissory Note, and is
treated as an annual note at
Huntington Junior College. This
means students must apply annually
for a new student loan.
Applications are available in the
Financial Aid Office. |
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A Federal Stafford Loan is a
need-based loan for students who
are enrolled at least half-time (8
quarter hours) to assist them with
their cost of education. Loans
must be repaid at an interest rate
not to exceed 8.25%, beginning six
months after the student leaves
school or drops below half-time
status. |
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Any student is eligible to apply
for a Federal Stafford Loan once
the FAFSA results have been
determined. |
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Students receiving Stafford Loans
for the first time at Huntington
Junior College must attend classes
for 30 days before loan funds can
be applied to their accounts.
Satisfactory academic progress and
attendance will be checked prior
to release of each loan
disbursement. |
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First-time borrowers must complete
Student Loan Entrance Counseling.
The Federal Government requires
all student loan borrowers to be
aware of their rights and
responsibilities. To complete
your Entrance Counseling on-line,
please visit
www.aessuccess.org
and follow the
directions for On-Line Loan
Entrance Counseling. This
requirement must be met prior to
the disbursement of student loan
proceeds. |
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