Continuing BCC Borrowers

Federal Student Aid Notice
Time Limitation on Direct Subsidized Loan Eligibility for
First-Time Borrowers on or after July 1, 2013
To view the fact sheet for more information, click here.

 

If you are a returning student and want to continue to receive Federal Direct Loans at Burlington County College you must complete the following steps:

 

Complete the FAFSA 

Complete the Free Application for Federal Student Aid (FAFSA) and list Burlington County College to receive the results.

BCCs Federal School Code for use on the FAFSA : 007730

The FAFSA can be completed online here: http://www.fafsa.ed.gov

 

Register for Classes (minimum of 6 credits required)

After registration is verified, loan eligibility will be posted to your account for the Base Amount (see below for description).

*It is important that you follow these steps as soon as possible in order for your loan eligibility to be processed. 

If you have not used a loan within the past year
then a new MPN (Master Promissory Note) will be required.

 

Requesting an Increase, Reduction, Cancellation or Reinstatement of a Federal Direct (Subsidized or Unsubsidized) Loan

To request any adjustment to processed loan amounts (including borrowers wishing to receive the Additional Unsubsidized Amounts), please complete a Federal Direct Loan Request Form.

 

Annual Limits

Maximum amounts for each year of study

Grade Level

 

Base Amount*

 Additional Unsubsidized

Dependent Undergraduates

 

Freshmen

$3,500

$2,000

 

Sophomore

$4,500

$2,000

 

 

 

 

Independent undergraduates**

 

Freshmen

$3,500

$6,000

 

Sophomore

$4,500

$6,000

       

*If the borrower does not meet financial need for a subsidized Stafford Loan using the expected family contribution (EFC), or has reached the aggregate limit in subsidized Stafford loans, the borrower may receive this entire loan amount in unsubsidized Stafford loans provided the borrower has remaining eligibility.

 
       

**Includes dependent students whose parents are unable to borrow PLUS loans.