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Federal Direct Loans
Borrower Information

Deadlines to Apply for Student Loans 

November 15 -  Fall Term
April 15 -  Spring Term
​July 15 -  Summer Term 

Returning Borrowers

If you had a student loan with Orangeburg-Calhoun Technical College beginning 2013-2014 academic year or after and are requesting another student loan, you may do so by completing a Returning Borrower Loan Request Form. The request form is available in the Office of Financial Aid. Once the form has been completed in its entirety, submit it to our office for processing. Please allow 5 business days from the time you submit your request for processing.

There is no need to complete a new Master Promissory Note (MPN) or Entrance Counseling. You may borrow additional Direct Loans on a single MPN for up to 10 years. You will receive a disclosure statement that gives you specific information about any loan that the school plans to disburse under your MPN, including the loan amount, fees, and expected disbursement dates and amounts.

New Borrowers

If you are requesting a student loan, you will need to attend one of our Federal Direct Loan Information Sessions, where you will receive information about the loan process during the course of your education at Orangeburg-Calhoun Technical College.  Sessions will be held on:

MAY
Tuesday, May 9, 2017            5:00 pm        C-118              
Thursday, May 11th, 2017   11:00 am      C-118
Thursday, May 18, 2017        5:00 pm        C-118 
Tuesday, May 23, 2017          5:00 pm        C-118
Tuesday, May 30, 2017          5:00 pm        C-118

JUNE
Tuesday, June 6, 2017    5:00 pm    C-118    
Tuesday, June 13, 2017    5:00 pm    C-118              
Tuesday, June 20, 2017    5:00 pm    C-118    
Tuesday, June 27, 2017    5:00 pm    C-118 

JULY
Tuesday, July 11, 2017    5:00 pm    C-118    
Tuesday, July 18, 2017    5:00 pm    C-118              
Tuesday, July 25, 2017    5:00 pm    C-118    

Entrance counseling must be complete before the school can make the first disbursement of your loan. This helps you to understand your responsibilities regarding your loan. However, you are required to complete this process only one time. Please visit www.studentloans.gov to complete the Direct Loan Entrance Counseling. To log in, you will need your FSA username and password.

It is also necessary to complete a Master Promissory Note to take out a Direct Loan for the first time. The MPN is a legal document in which you promise to repay your loan(s) and any accrued interest and fees to the department. It also explains the terms and conditions of your loan(s). Once you've submitted the MPN and it's been accepted, you will not have to fill out a new MPN for future loans you receive. You may borrow additional Direct Loans on a single MPN for up to 10 years. You will receive a disclosure statement that gives you specific information about any loan that the school plans to disburse under your MPN, including the loan amount, fees, and expected disbursement dates and amounts. Please visit www.studentloans.gov to complete the Direct Loan Master Promissory Note for Subsidized and Unsubsidized Loans, at least 24 business hours after the loan has been awarded. To log in, you will need your FSA username and password.

Helpful Information on Loan Repayment.