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Summer Direct Loans

  • Students must be enrolled for a minimum of six credit hours to be eligible to borrow a Direct Stafford loan during the Summer term.
  • If this is your first time borrowing a student loan at any college and your grade level is a first-year undergraduate at MCCC, your funds will not be disbursed any earlier than thirty days after the start of the semester.

  • One semester loans: If you are taking out a loan for only one semester, your loan will be split into two disbursements, with 50% of your funds being disbursed a the mid-point of the semester.
  • Students who are interested in borrowing loans for the Summer term should come to the Financial Aid Office to complete a paper Summer loan request form.