Student Loans

OCTC Participates in the Stafford Direct Lending Program.  This program offers student loans at low interest rates with the possibility that some of your interest may be paid while you are in school, leading to lower debt levels.
 
Student loans offer students money that must be paid back. Loans can only be packaged up to the yearly maximum limits or up to the school's cost of attendance, whichever is lower. Students must be enrolled in at least 6 credit hours per semester to be loan eligible. All students are required to complete the first two steps listed below; step three is optional but strongly encouraged.

1.Complete Entrance Counseling: https://studentloans.gov/myDirectLoan/index.action
2.Complete Master Promissory Note: https://studentloans.gov/myDirectLoan/index.action
3.Keep track of your indebtedness: https://www.nslds.ed.gov/nslds/nslds_SA

Loans are no longer automatically included in your initial financial aid package. You may submit a request to us let us know how much you need in loan funds and we will be happy to award it to your account. Please allow up to 10 business days for the loan to show on your account once you have made the request.

To request a loan:
A link to the online loan request will be available in your Student Self-Service account.  If you would like to request a loan, click on the link and follow the instructions.