- File the Free Application for Federal Student Aid (FAFSA) by March 1 for consideration, and submit all required papers (as noted from the student’s account that is myPurdue into the Division of Financial Aid (DFA). Eligibility because of this loan is founded on showing a top standard of economic need (as based on the FAFSA) and funding that is available.
- DFA will be sending the pupil an Award realize that the debtor may use to ascertain loan duration, the sort of eligibility, together with level of eligibility.
- The debtor has to decide how much they would like to borrow and can have the choice to just accept the amount that is full or reduce steadily the loan amount at myPurdue.
- The pupil shall have to signal a Promissory Note 1-2 business times after accepting the mortgage.
Just how to Accept/Decline
You’ll be needed to signal a note that is promissory days after accepting your loan. Heartland ECSI, the alternative party loan servicer, will be sending you a message in this schedule showing if your promissory note can be acquired. You need to signal a fresh note that is promissory time you accept a Purdue Loan or a growth to a preexisting Purdue Loan. Borrowers can complete this requirement at www. Ecsi.net/prom3P. Please enable 3-4 business times for the workplace to down load the completed requirement and improve your myPurdue account. (take note: This promissory note is split from any Stafford Loan requirement)