William D. Ford Direct Loan Program

Unlike scholarships and grants, loans must be repaid. Educational loans are usually subsidized, and therefore have more favorable terms than consumer loans. However, because they must be repaid, you should borrow no more than necessary.

The William D. Ford Direct Loan Program allows students to borrow loan funds directly from the Federal Government. All Direct Loans are either subsidized (the government pays the interest on the students behalf while in school) or unsubsidized (the students pay all the interest). 

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Eligibility criteria:


  • Must complete a FAFSA
  • Be enrolled at least part-time time (6-8 credit hours) 
  • Demonstrate a calculated need 
  • Maintain EPCC Satisfactory Academic Progress 
  • Register and attend an entrance counseling loan session each academic year.


Federal Direct Loan Registration Form 




DO NOT skip any of the phases. All FIVE phases must be completed, otherwise your Direct Loan disbursements will be delayed until all five phases are done in its entirety.



PHASE I – Log in to www.nslds.ed.gov for information about all of your Federal Student Loans. Students need Federal Student Aid PIN to access NSLDS. This is for information purposes only.


PHASE II – Complete a Financial Literacy Module

  • Disable the “Pop-Up Blocker” from your web browser.
  • Log in and Register at www.TG.org/LC
  • Special Access Code: SB6800103870
  • From the Course Catalog, search and select “100_Know What You Owe” mini module.
  • Click on “Details”, then "Launch" to watch the presentation (must have Adobe Flash Player on your computer in order to watch the video).
  • After watching the mini module, complete “100 _Know What You Owe- Post-Test".
  • Print your Certificate of Completion and submit it to the Financial Aid Office. Provide a hard copy certificate to the Financial Aid Office, otherwise your Direct Loans will not be certified. Students must pass the post-test with a grade of 70% or better!


PHASE III – Complete Your Entrance Counseling Online

  • Log in to the Direct Loan website www.StudentLoans.gov
  • Click on the green Sign in button under “Manage My Direct Loan”
  • Complete the Entrance Counseling
  • Complete your exam and proceed with the instructions. There are 4 steps to complete:

           Step 1 – Counseling Type is I am an undergraduate student
           Step 2 – Guidelines
           Step 3 – School Information
           Step 4 – Counseling Session/Quiz
           DO NOT LOG OFF


PHASE IV – Complete Your E-MPN on the same StudentLoans.gov website

  • Click on Complete Master Promissory Note option
  • Under “What you Need” select Subsidized/Unsubsidized
  • Read and complete the following 4 steps to electronically sign (e-sign) your MPN successfully:

           Step 1 – Personal Information
           Step 2 – Personal References

           Step 3 – Terms and Conditions
           Step 4 – Review and electronically sign your MPN


PHASE V – Accept Your Offered Direct Loan Award

  • Log in to www.epcc.edu
  • Select the Current Students option
  • Click on Banner System under the Class Schedules option
  • Log in using your EPCC ID and password
  • Select Student & Financial Aid
  • Go to My Award Information
  • Select Award by Aid Year
  • Select appropriate aid year for your award
  • Click on the third grey Accept Award Offer tab. Do not decline the Subsidized Loan.  
  • Select your Award Decision
  • Submit Decision
  • Exit from Banner

EPCC receives confirmation from the U.S. Department of Education within 7 business days. Students will not receive a Direct Loan disbursement until:

  • Completed the Financial Literacy Module and turned in your Certificate of Completion to the Financial Aid Office.
  • Attended an In-Person Entrance Counseling Session for the academic year.
  • Completed the Entrance Counseling and Master Promissory Note (MPN) online.
  • Accepted your offered Direct Loan Award in Banner. Students cannot decline the Subsidized Direct Loan, if offered both the Subsidized and Unsubsidized Direct Loans.

Please create a folder for your Direct Loan paperwork. Do not send your MPN to EPCC. If you come across any questions on the StudentLoans.gov website, please contact the U.S. Department of Education at (800) 557-7394 to speak with a representative. Representatives are available Monday through Friday from 8:00 a.m. to 8:00p.m. (ET).



Students do not qualify for a Direct Loan at EPCC if :


  • Not maintaining Satisfactory Academic Progress, refer to Eligibility Requirements for specific details.
  • In default status on a Federal Student Loan.
  • A FAFSA is not on file for current academic year.
  • Have met or exceeded the regulatory aggregate limit.

 Exit Counseling

Students need to complete an online Student Loan Exit Counseling Session if:


  • Enrollment is less than part-time (less than 6 credit hours).
  • Drop/Withdraw  
  • Graduated


Student Loan Exit Counseling Session 



Refer to the Exit Counseling Guide for Federal Student Loan Borrowers (PDF) for detailed information about rights and responsibilities as a borrower.

 EPCC Default Management Plan

This plan is on file with Texas Guarantee Student Loan Corporation in Austin, Texas.

  • Students must attend an EPCC loan counseling session each year prior to having a loan certified, even if they have already attended a session at another school.
  • Transient and/or undeclared major students are not eligible for any financial aid including Stafford student loans.
  • No loan or benefits of loan shall be disbursed prior to the end of add and drop periods for each semester.
  • First time borrowers cannot receive loan or loan benefit disbursements until 30 days after the first class day of the semester.
  • If at any time a student falls below half-time enrollment or fails to meet EPCC’s Satisfactory Academic Progress (SAP) criteria, the loan will be canceled without notice and any un-disbursed loan funds will be returned to the lender.
  • El Paso Community College is a two year granting institution.  Students may only receive freshman and sophomore level loans while attending EPCC.
  • Freshman level = successfully completed fewer than 30 credit hours. 
  • Sophomore level = successfully completed 30 or more credit hours.
  • Developmental (remedial & ESL) do not count as hours toward student classification.  Students requesting a loan while in developmental courses will not be eligible for a sophomore level loan until they have completed and earned 30 academic hours.
  • Students in default on a prior student loan cannot receive any further loans or other financial aid until the default status has been placed in “satisfactory” status.  Students must provide the Financial Aid Office written documentation verifying this status.
  • If at any time a student’s enrollment status drops below half-time they must complete the Student Loan Exit Counseling process.  Failure to complete this will result in a hold being placed on all student records.

Effective Fall 2006