Financial Aid
Steps to Federal Loans




Federal Loans

Kilgore College participates in the Federal guaranteed Stafford Loan Program. In order to secure a federally guaranteed loan, you need to complete the "Steps to Completing the Direct Loan Process."

(This is PDF file and requires Adobe Reader.)

Please file your FAFSA and check Campus Connect to see what documents need to be turned.

Kilgore College switching to Direct Loans for 2010-2011

Kilgore College will be switching to the Federal Direct Loan Program for the 2010 – 2011 school year. If you are applying for a loan for late August 2010 through June 25, 2011 , please follow the Steps to Completing the Direct Loan Process at the bottom of the page .

Direct Loans are borrowed directly from the Department of Education. You will pay Direct Loans back to the Department of Education through the servicer that they assign to yourloan.

If you previously had a Stafford Loan at Kilgore College, you borrowed that loan from the lender of your choice and will be paying that lender back.

How to keep track of your loan(s):

To keep track of your loans, log into the National Student Loan Data Service at www.nslds.ed.gov using your FAFSA PIN number.

All of your Stafford Loans and Direct Loans should be listed and the contact info for each.

Students with a hold for exit loan counseling:

Stafford Loan Exit Counseling is required by the Department of Education when a student withdraws or drops below half time (6 credit hours) during a semester. If there is a hold on your account for Exit Counseling, you need to complete the Stafford Loan Exit Counseling requirement on http://mappingyourfuture.org before the hold can be removed. The hold will prevent you from registering and receiving transcripts. Holds will be removed as quickly as possible but it is not automatic. The hold can only be removed when the college is open.

Steps to Completing the Direct Loan Process

Kilgore College is switching to the Direct Loan Program. If you previously had a Stafford Loan at Kilgore College, you borrowed that loan from the lender of your choice and will be paying that lender back. Direct Loans are borrowed directly from the Department of Education. You will pay Direct Loans back to the Department of Education through the servicer that they assign to your loan. To keep track of your loans log into the National Student Loan Data Service at www.nslds.ed.gov using your FAFSA pin number. All of your Stafford Loans and Direct Loans should be listed and the contact info for each.

  1. File your FAFSA.
  2. Fill out a Kilgore College admissions application if you are a new student.
  3. Be sure your official high school transcript or GED is on file in the Office of Admissions and Records.
  4. Check Campus Connect on www.kilgore.edu to see what documents need to be submitted to complete your file.
  5. Submit all documents needed by the deadline of July 1st for the Fall semester.
  6. We will award your financial aid in the order that your file was completed.
  7. Once you receive your Kilgore College financial aid award letter, you will need to sign it and return it to the financial aid office.
  8. Do not complete the following steps until you are absolutely sure you want a loan and will be attending at least 6 hours at Kilgore College .
  9.  Open your browser to studentloans.gov.You will need your FAFSA pin number to sign in. If you don’t know it or don’t have one, click on  Apply for Pin under Tools and Resources.
  10. Sign in at the top left of the screen.
  11. Click on Entrance Loan Counseling.
  12. Complete the Entrance Loan Counseling. You will need to read the information about the loans and answer the questions on each page.
  13. You must complete Entrance Loan Counseling before we can process your loan.
  14. After you have completed the Entrance Loan Counseling, click on Master Promissory Note.
  15. You must correctly and completely fill out your Master Promissory Note to receive the loan money.
  16. Provide two references that do not share the same last name, address, or phone number.
  17. Be sure everything is correct and submit your Master Promissory Note.

» Contact Information

Kilgore College
Financial Aid Office
Phone:
(903) 983-8211
FAX: (903) 988-7528
Location: Devall Student Center (DSC) 2nd Floor

Office Hours:
Mon-Thurs: 7:45 - 4:30 p.m.
Mon-Friday: 7:45 - 4 p.m.
Mailing Address:
Kilgore College Financial Aid
1100 Broadway
Kilgore, TX 75662

7/29/2010

Copyrights by Kilgore College, 2000 - 2010
1100 Broadway
Kilgore, Texas
75662-3204 | 903-984-8531