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    • 4.18.6 Loan Policies

    adopted: Aug-2010
    last revised: Nov-2018

    All Federal Direct Loan applicants must file a Free Application for Federal Student Aid (FAFSA). The resulting Student Aid Report must be verified before a loan will be certified.

    Students must be enrolled in at least 6 credit hours to receive a loan. Students on Financial Aid Suspension are not eligible for loans.

    Students are required to complete entrance loan counseling and a master promissory note prior to a loan being disbursed. Once a student is no longer enrolled in at least 6 credits hours they are expected to complete exit loan counseling.

    If the Director of Financial Aid and Veterans’ Affairs chooses not to certify a loan, the student must be informed in writing.


    Related Procedures
    Please Note: Any procedures listed below are internal to the college; they may contain position titles or other terminology which is designed to be meaningful for Richland employees and students. Procedures are not approved by the Board of Trustees