After you complete the Federal Direct Loan process you must fill out the Federal Direct Loan Permission to Borrow to inform GLCC of the amount you intend to borrow.
Annual Limits
All Qualified Students: All qualified independent & qualifying dependent students
| Subsidized or Unsubsidized* | Additional Unsubsidized** | Unsubsidized** | |
| $3,500 | $2,000 | Freshmen may borrow | $4,000 |
| $4,500 | $2,000 | Sophomores may borrow | $4,000 |
| $5,500 | $2,000 | Jr. & Seniors may borrow | $5,000 |
*Subsidized loans – The government pays the interest until the loan goes into repayment
** Unsubsidized loans accrue interest from the date of disbursement
Please feel free to contact Ryan Apple at financial_aid@glcc.edu or 517-321-0242 ext. 227 with any questions concerning education loans.
Student Educational Loans are to be used for Tuition and Fees, gas and transportation (not buying a car), textbooks, school supplies, computers, and living expenses, as explained in the Entrance Counseling.
Your EFC (Estimated Family Contribution) determines whether your Direct loan is subsidized or unsubsidized.
Instructions To Apply ON-LINE Student Direct Loan & PLUS (Parent) Loan
Every NEW student who wishes to use a Federal Student Loan or Parent PLUS Loan to help pay their billing must apply with the Federal Government Direct Loan Program.
Before you begin: Collect these items to help move quickly through the application.
- Your Federal FSA ID.
- Your personal information; social security number, driver’s license number
- Reference information; 2 references are required for the loan application, they can be your parent(s), grandparent, family member, minister or friend. The references must live at different addresses. You need complete address & phone number for each.
You can fill out the application without a completed FAFSA but no federal aid, including student loans, will be granted until the FAFSA is completed.
No FAFSA is required for the use of Parent PLUS Loans.
For Parent PLUS Loan – Parent FSA ID
Go to www.studentloans.gov.
New Student Direct Loan Borrowers
1) Sign in with your FSA ID.
2) Under the Undergraduate Student tab, select “Complete Entrance Counseling.”
Please patiently read through all the information and follow all of the directions. You must complete Entrance Counseling in one sitting as the site will not save your progress. You will be instructed on regulations and restrictions on Federal Loans. You will then be required to answer questions on that information, ensuring that you understand the loan process.
3) Once you have completed Entrance Counseling, select “Complete Loan Agreement for a Subsidized/Unsubsidized Loan” (Also under the Undergraduate Student tab)
Return Student Direct Loan Borrowers
You must complete this form with the amount you wish to borrow and the time frame you plan to use it in.
New Parent PLUS Loan Borrowers
You must use YOUR Parent FSA ID from the FAFSA! (Not your student’s)
Parent must sign in using parent FSA ID from FAFSA, the student’s FSA ID is also needed as part of the application process to link parent to child.
Under PLUS Loan Process select Request PLUS loan and then return to this page again and select Complete MPN. Both actions are required to complete your PLUS loan application.
A PLUS loan requires a credit check, and this credit check will remain valid for 180 days.
Return Parent PLUS Loan Borrowers
You must use YOUR Parent FSA ID from the FAFSA! (Not your student’s)
Parent must sign in using parent FSA ID from FAFSA, the student’s FSA ID is also needed as part of the application process to link parent to child.
Under PLUS Loan Process select Request PLUS loan. A PLUS loan requires a credit check, and this credit check will remain valid for 180 days.
Please feel free to call with questions: 517-321-0242 ext. 227 for Ryan Apple or ext. 252 for Cindy St. Louis.