1

Accept your student loan offer online

To accept, log into your MyMCC account. Click on the “Financial Aid & Payments” tab, then click the Accept Your Awards link.

Note: You must review and accept the Terms and Conditions before you can accept a loan offer.

2

Complete Entrance Counseling

This is a mandatory information session you must complete before funds are added to your account. Have your FSA ID handy!

3

CompleteĀ a Master Promissory Note

This is a legal document in which you promise to repay your student loans. Have your FSA ID handy!

Direct Lending Forms

A direct loan is offered directly from the U.S. Department of Education.

Additional Loan Information

Do you need additional loans to cover the cost of attendance? Request Additional Unsubsidized Loan offer

An unsubsidized loan is a federal loan for the which the student is fully responsible for paying the interest.

Loan Default Rate vs. National Default Rate

201320142015
MCC12.1%10.6%8.9%
National11.3%11.5%10.8%

9% of our students obtained loans in the 2018-19 school year.

https://www.morgancc.edu/docs/io/QuickFacts/ColoradoDFR.pdf

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