Catawba to Participate Exclusively in Direct Loan Program
March 4, 2010
We are pleased to announce that beginning with the Fall 2010 semester, Catawba College will participate in the William D. Ford Direct Loan program. Catawba College students will be required to use the Direct Loan program for all federal student and parent loans rather than the Federal Family Educational Loan Program program (FFELP). With the Direct Loan program, students and parents will apply directly with the federal government rather than having to go through a lender such as a bank. Review the advantages of using the Direct Loan program as compared to FFELP.
All students for the 2010-11 academic year (including all new and returning students) will be required to complete a Master Promissory Note. The note(s) may be found on-line at www.dlenote.ed.gov. Please remember to use your pin number from the FAFSA to sign the MPN electronically. New students will need to complete "entrance counseling" online at www.dl.ed.gov.