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First-time borrowers of money through the Federal Direct Loan program must complete entrance counseling and sign a Master Promissory Note to receive your money.
Loans are delayed 30 days for all first-time borrowers.
The Federal Direct Loan is not a grant awarded by Capital University. It is a loan and will require repayment. To apply for a Federal Direct Loan, you must complete the Free Application for Federal Student Aid (FAFSA). Even though the unsubsidized Federal Direct Loan is available to all students regardless of financial need, you must still submit the FAFSA to be eligible. You can receive a subsidized loan and an unsubsidized loan for the same period. For more information, see the Student Loan Fact Sheet.
Your financial aid award letter will indicate the maximum loan amount available for the academic year. If you plan to borrow through the Federal Direct Loan programs, be sure to apply for the amount you will need for the entire academic year.
New Capital students or a first time new borrower at Capital MUST complete a promissory note and entrance counseling.
Direct Loan Exit Interview
Capital University is a private four-year undergraduate institution and graduate school located in the Columbus, Ohio, neighborhood of Bexley. Copyright © 2013 Capital University