Direct Student Loans
When a student borrows money through the Federal Family Education Loan Program or the Federal Direct Student Loan Program, information is provided by the college to the National Student Loan Data System and its authorized users such as guaranty agencies, lenders, and educational institutions.
Student loan eligibility is based upon your academic grade level and active program of study at OTC as well as your loan borrowing history.
In determining how much you may borrow, understanding which grade level you are is important.
- Students in a certificate program are considered grade level 1.
- Students in a 2 year program with less than 30 credit hours completed are considered grade level 1.
- Students in a 2 year program with 30 or more credit hours completed are considered grade level 2.
See helpful links below:
In MyOTC, view My Awards through the financial aid menu. If you do not have any awards showing or additional documents are needed or currently under review, you will need to wait until your file is complete to view student loan eligibility.
If you wish to request a new or additional loan, go to MyOTC and select Request a New Loan through the financial aid menu.
You must have a completed MPN and Entrance counseling through studentloans.gov.
Ozarks Technical Community College does not participate in any of the Alternative or Federal Plus Loan Programs. The Federal Direct Loan Program is the only student loan program the college participates in for students.
Note: If you choose to apply for an alternative loan, you must apply for one that does not require school certification
Ozarks Technical Community College will only certify a private loan for students currently active in the Aviation Flight Technology program. This is the only degree program for which private loans may be certified due to the cost of the program.
Private Student Loan Disclosure Information:
Private Parent Loan option: