Federal Direct Student Loans are government low-interest loans available to students enrolled half time (six credits) or more each semester. The loans are made in the student's name and are sent to the school on behalf of the student. Parents of dependent students may also qualify for the Parent Loan for Undergraduate Students (PLUS).
Download and read the College Loan Code of Conduct.
Funds borrowed through student or parent loan programs MUST be repaid.
All loans MUST be disbursed in two equal payments. If you apply for an academic year loan, one payment will disburse during the fall semester and one will disburse during spring. If you choose a fall only loan, however, both disbursements will occur during the same semester: one at the start of the semester at the first disbursement date (if all applications are complete) and one at or after mid-point of the semester. Please note that you cannot receive the full academic year loan limit in one semester by choosing a fall only loan.
First-time borrowers cannot receive the first loan disbursement until 30 days after the start of the semester.
Mandatory Loan Counseling
If you have not received Federal Direct Student Loans from WNCC previously, you MUST complete Loan Entrance Counseling online.
Once we receive notification from the site that your Entrance Counseling has been completed, we will continue processing your loan request.
Students who have received Federal Direct Student Loans while attending Western Nebraska Community College MUST complete Loan Exit Counseling online before graduating or ceasing at least half-time enrollment.
To complete either loan entrance counseling or exit counseling, select an option:
Applying for Loans
- Federal Direct Student Loan Information (students only)
- Parent Loan for Undergraduate Students (PLUS) Information (parents only)
If you prefer to fill out and submit a paper loan application and Master Promissory Note, please contact the Financial Aid Office via e-mail or by calling (308) 635-6011.
You may cancel all or part of your loan within 14 days of disbursement of your loan proceeds. Contact the Financial Aid Office if you wish to decline or change the amount of your student loans. Please be aware that if you receive additional awards that result in you exceeding your estimated cost of attendance, your loan amounts may be adjusted. Any adjustments to your aid will result in subsequent award notifications.
Receipt of funds is contingent upon your continued eligibility for financial aid. Your eligibility for each program will be reconfirmed at the time of disbursement.
Funds borrowed through student or parent loan programs must be repaid. For a quick reference guide outlining advice about managing student loan debt, repayment plans, consolidation loans, public service loan forgiveness, default, and dealing with financial difficulty, click here.
Federal Direct and PLUS loan information is submitted to the National Student Loan Data System (NSLDS) and is accessible by guaranty agencies, lenders, and institutions determined to be authorized users of the data system. Students can keep track of loan status and outstanding balances through the Financial Aid Review section of the National Student Loan Data System.
Some FFEL loans have been assigned by the Department of Education to new servicers--FedLoan Servicing (PHEAA), Great Lakes Educational Loan Services, Nelnet, and Sallie Mae. Borrower contact information is available on this Loan Servicing Center page.