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Federal Loans

Federal Direct Student Loans are a low-interest form of financial aid to assist students with educational expenses not covered by other grants, or scholarships, and who may have decided not to use the Payment Plan. Loans are provided through federal funds, which must be repaid after a student graduates or drops below half-time enrollment (6 credit hours).


While viewing the below videos, please know that we are a two-year, undergraduate technical college. Information regarding junior, senior, graduate, and professional students does not apply to our college as we are not a four-year college or university. We also do not participate in PLUS loans.


  • The student must complete GNTC admissions requirements, and be officially accepted to GNTC.
  • The student must fill out the Free Application for Federal Student Aid (FAFSA). Please visit the How to Apply for financial aid page.
  • If selected for verification, the verification process must be completed in full. View Completing Your File.
  • The student must be enrolled in an associate’s degree, an eligible diploma, or an eligible certificate program.
  • The student must be registered for and maintain enrollment in at least 6 credit hours (within his/her program of study and classes coded non-repeat).
  • The student must be a US citizen or an eligible non-citizen.
    If you are an eligible non-citizen, you must submit a copy of your permanent resident card to the Financial Aid Office. You must be a permanent resident of the United States for at least 24 months before you become eligible for federal loan funds.
  • The student must not owe any repayments on previous grants or scholarships
  • The student must not be in default on a federal loan.
  • The student must maintain Satisfactory Academic Progress (SAP).

Application Process

  • Once the student’s financial aid file is completed, verified (if necessary), and eligibility for standard state aid & federal Pell is determined, then the student may request loan funds in person, by phone, or via email.
  • Students wishing to receive loan funds for a new term and aid year will have to request loan funds each year prior to each respective term.
  • Summer-term loans are calculated separately from fall/spring loans. Therefore, if you request fall/spring loans and wish to receive loan funds for the summer term, you will need to do another request for the summer term.
  • Student borrowers must complete the mandatory Entrance Counseling (EC) and the Master Promissory Note (MPN). It is also recommended and highly encouraged that the Annual Student Loan Acknowledgement be completed as well. The EC, MPN, and Annual Loan Acknowledgement may be completed online at the Student Aid site
  • The student must review and accept the Terms & Conditions of loan funds, then accept the offered loan funds. Both tasks may be completed through the MyGNTC account. Please view Utilizing MyGNTC for instructions on accepting loan funds.

Important Notes

Students must maintain enrollment in at least 6 credit hours (within his/her program of study and classes coded non-repeat) for each respective term they request & are approved for loan funds.

Once set up, the loan must be processed by the federal processing center before it could be applied as a credit toward tuition & fee charges. This processing timeframe can sometimes take 1-2 weeks.

Loans are split into 3 disbursements each term (with the exception of the summer term), and there will be up to a 14 business-day timeframe from each respective disbursement date for the funds to be received and processed out to BankMobile. View our Disbursement Dates page for more information regarding disbursements.

After graduating, dropping below 6 credit hours, or taking a break in enrollment borrowers will be required to complete the mandatory Exit Counseling.

The National Student Loan Data System - As a consumer, you need to be aware that the U.S. Department of Education will post your Federal Direct Loan data on the National Student Loan Data System (NSLDS) which is accessible by federal student loan guarantee agencies, lenders and institutions which the Department of Education has authorized access to this data system.

Congress recently passed a law preventing further extension of the COVID Borrower Repayment Pause. Student loan interest will resume starting September 1, 2023, and payments will be due starting in October

Public Service Loan Forgiveness: If employed by a U.S. federal, state, local, or tribal government or non-profit organization, you might be eligible for the Public Service Loan Forgiveness Program.

Additional Information

How much can I borrow?

What are current interest rates?

What should I consider when requesting?

Student Aid Loans