Direct Federal Loan Information
If you had a student loan with Orangeburg-Calhoun Technical College beginning 2011-2012 academic year or after; and are requesting another student loan, you may do so by completing a Returning Borrower Loan Application. The application 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 five (5) business days from the time you submit your application for processing time.
There is no need to complete a new Master Promissory Note 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 the expected disbursement dates and amounts.
If you are requesting a student loan, you are required to attend one of our new borrower loan sessions where you will receive information for your loan process during the course of your education here at Orangeburg-Calhoun Technical College. Information Sessions
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.
It is also necessary to complete a Master Promissory Note (MPN) 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 the expected disbursement dates and amounts.
Deadline to Apply for Student Loan:
November 1 - Fall Term
April 1 - Spring Term
June 18 - Summer Term