The 2014-2015 Lynchburg College Financial Plan you received in your financial aid award package is designed to notify you of your complete financial aid award. We assume that based on the receipt of your reservation fee/enrollment deposit, you are accepting your grants and scholarships, for which no further action is needed.
However, you need to acknowledge that you wish to accept or decline any of the loan(s) eligibility offered in your package by completing the section below and returning this form to our office.
Please refer to your Financial Plan and indicate the amount(s) you wish to accept for the academic year from the applicable fund(s) listed on your financial plan. If you wish to decline the loan, enter $0.
Federal Direct Unsubsidized LoanYou are responsible for the interest on this loan while you are in school. If you choose to defer the interest while you are in school, the interest will be capitalized when you go into repayment.Fall 2014 $ Spring 2015 $
Federal Direct Graduate PLUS LoanYou are responsible for the interest on this loan while you are in school. If you choose to defer the interest while you are in school, the interest will be capitalized when you go into repayment.Fall 2014 $ Spring 2015 $
I agree (type your initials here)Date:Month Day Year
Remember that any reduction in the loan(s) amount accepted from the amount offered in your financial aid award package will change your 2014-2015 Financial Plan and increase your balance due. Also, you may not increase the amount accepted above the amount offered to you.
Federal Direct Unsubsidized Loan borrowers: As a reminder, if you have not already done so, you must visit https://studentloans.gov to complete the Federal Direct Loan Master Promissory Note (e-MPN) and/or the Federal Direct Graduate PLUS Loan Application. Also, if you are a first-time borrower, you must complete an Entrance Loan Counseling Session at https://mappingyourfuture.org before your loan(s) is processed.
Federal Direct Graduate PLUS loan borrowers should also complete the Graduate (PLUS) Award Acceptance form to initiate a credit check at www.lynchburg.edu/financial-aid/grad-plus-award-acceptance-form, and a credit consent form.
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