College of DuPage
Office of Student Financial Assistance
Last Name:
2016-2017 Clarify Aggregate Loans Form
First Name:
Student ID:
Complete this form to familiarize yourself with your current student loan debt.
**Log in to www.nslds.ed.gov**
Aggregate Limits
In NSLDS, review your loan totals and enter the following:
Total Subsidized:
$
Total Unsubsidized:
$
Total Loan Balance:
$
Total Outstanding Interest:
$
Remaining Loan eligibility:
$
Dependent:
$23,000 Subsidized maximum
$31,000 Combined maximum
Independent:
$23,000 Subsidized maximum
$57,500 Combined maximum
Subtract your Total Loan balance from the applicable Combined maximum to find your Remaining Eligibility.
Example: You are a dependent student and your total loans are $20,000.
$31,000 (Dependent Combined maximum)
- $20,000 (Total All Loans)
$11,000 in Remaining Eligibility.)
Check ONE Box:
I acknowledge that I have received the maximum loans allowed based on my dependency status. My current loan balance is
$
. I understand that I do not have any remaining loan eligibility to be used at College of DuPage.
I have viewed my loan information online and I do not want to receive any Direct Subsidized or Unsubsidized Loans at the
College of DuPage. If I want loans in the future, I will have to complete the steps listed below prior to being able to request
the loan.
I have viewed my loan information online and I have not received the maximum loan allowed based on my dependency
status. I would like to borrow additional loans at College of DuPage. Please complete the following steps:
1) Financial Awareness Counseling at http://studentloans.gov. Date completed:
Print a copy of your Financial Awareness Counseling Confirmation Page, if completed this academic year.
Using the Repayment Calculator on http://studentloans.gov – Complete the Repayment questions on page 2.
2)
Contact the Office of Student Financial Assistance at (630) 942-2251 to schedule your appointment.
3) Bring this completed form to your appointment. Failure to have Financial Awareness Counseling completed and
documentation with you will result in having to reschedule your appointment. Your appointment will have to be
rescheduled if you arrive more than 10 minutes late.
Student Signature
Date
NOTE: All steps need to be completed prior to your appointment or you will be required to reschedule your appointment. Failure to complete these steps will delay
the processing and awarding of Title IV aid at College of DuPage.
Please return this form to:
College of DuPage, Office of Student Financial Assistance – SSC 2220
425 Fawell Blvd., Glen Ellyn, IL 60137 FAX (630) 942-2151 EMAIL: financialaid@cod.edu
The college will not discriminate in its programs and activities on the basis of race, color, religion, creed, national origin, sex, age, ancestry, marital status, sexual
orientation, arrest record, military status or unfavorable military discharge, citizenship status, physical or mental handicap or disability (Board Policy 5010; 20-5).
2016-2017 Clarify Aggregate Loan Limit
03/16/16
College of DuPage
Office of Student Financial Assistance
2016-2017 Clarify Aggregate Loans Form
**Log in to www.studentloans.gov**
1.
If you have already completed your Financial Awareness Counseling,
write the date you completed it on page 1.
a. Click on “View Completed Counseling” to find the
completion date.
b. Write the date completed on page 1.
2.
Using the Repayment Estimator, fill in your Tax Filing Status and
Income and answer the following questions:
a.
List all repayment plans you qualify for?
b.
What would your monthly payment be on the Standard
Plan? $
c.
What is the highest amount of interest you would pay?
$
d.
Run the Repayment Estimator again including the loans you
plan to accept for this academic year by clicking the “View
or Add Your Loans” button and answer the following
question:
i. What is your NEW monthly payment on the
Standard Plan? $
2016-2017 Clarify Aggregate Loan Limit
03/16/16