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.

Loan Repayment Calculator from Access Group

Want to know estimated loan payments on student loans compared to your expected income? This easy to use calculator from Access Group will help with planning part of your financial future.

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:

How Much Can I Borrow?
First Time Students Receiving Student Loans
How Your Student Loan Will Disburse
Direct Student Loan Interest Rates
What You Should Consider When Taking Out Federal Student Loans
Fees for Student Loans

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.

Students enrolled in the Aviation Flight Technology program may request a private loan through Sallie Mae and Commerce Bank.

Private Student Loan Disclosure Information:

• Sallie Mae Smart Option Student Loan Disclosure
• Commerce Bank Your Future Education Loan Disclosure

Private Parent Loan option:

• Application for Sallie Mae Parent Loan and Disclosure Information
• Application for Commerce Bank Their Future Education Loan and Disclosure Information