You are here

Loans

Weatherford College participates in the . . .

William D. Ford Federal Direct Loan Program (DL) 
 

Everything I need to know about my Student loan . . . 

 
Take Action 

Back to Top

YOU HAVE TO PAY IT BACK!   BORROW ONLY WHAT YOU NEED!! 

To figure out how much money you may need to borrow, look at Weatherford College’s cost, your cost of living, your family’s cost of living, your family’s contribution and your financial aid award. You do not have to accept the entire amount of a loan you are offered. 

Select: www.studentloans.gov  
Pick undergraduate student. Log on using your FSA I.D. / Weatherford College I.D.#003664.

Getting the Money 

  • Student Loans are awarded as part of an aid package. You can: 
    1. Accept the entire amount. 
    2. Accept a partial amount. 
    3. Decline the entire amount. 
  • You have the right to cancel a loan within 14 days of the federal electronic fund transfer into WC accounts. A notice will be mailed/emailed to you upon transfer of funds. 
  • Funds will be used to pay all WC charges; any remaining balance after aid funds have been depleted are the responsibility of the student. 
  • Remaining credit owed to the student will be direct deposited into your Coyote Card (from Herring Bank), a designated bank account, or distributed by paper check. 
  • Refer to the Refund Schedule for all refund dates. 
     
  • Federal Direct Loan Annual limits for a single academic year.

Need to make a change after you accepted or declined your loan?  
Direct Loan Revision Request Form

Back to Top