- File the complimentary Application for Federal scholar help (FAFSA) by March 1 for consideration, and submit all needed documents (as noted from the student’s myPurdue account) into the Division of Financial Aid (DFA). Eligibility with this loan will be based upon showing a higher amount of monetary need (as based on the FAFSA) and funding that is available.
- DFA will be sending the pupil an Award realize that the debtor may use to ascertain loan duration, the sort of eligibility, and also the quantity of eligibility.
- The debtor has to decide how much they wish to borrow and can have the choice to simply accept the amount that is full or lessen the loan quantity at myPurdue.
- The pupil shall have to signal a Promissory Note 1-2 business times after accepting the mortgage.
Just how to Accept/Decline
You will end up expected to sign a promissory note 1-2 times after accepting your loan. Heartland ECSI, the party that is third servicer, will be sending you a message in this schedule showing as soon as your promissory note can be acquired. You need to signal a unique note that is promissory time you accept a Purdue Loan or a rise to a preexisting Purdue Loan. Borrowers can finish this requirement at www. Ecsi.net/prom3P. Continue reading Procedures to put on