UNSUBSIDIZED STAFFORD LOANS

Step 1: Upon receipt of the Financial Aid Award Letter, students should indicate their acceptance of the offered loan funds and return their completed and signed award letter to the Office of Financial Aid no later than May 1, to confirm acceptance.

Step 2: Upon receipt of the completed award letter, the Office of Financial Aid will initialize the loan for online certification through Texas Guaranteed Student Loan Corporation's Loans By Web (LBW).

Step 3: Students will then be prompted, via email, to complete their online loan application, using their FAFSA PIN for electronic signature. First-time borrowers will be required to complete entrance counseling.

Step 4: LBW process will allow the student borrower to choose a lender for his or her loan.

Complete your Stafford online application at lbw.tgslc.org/LBW/start.do.


2008-2009 Loans by Web (LBW) Loan Instruction Sheet

This form includes step-by-step instructions for completing the LBW online application process to apply for and obtain your Stafford loan.

PLUS LOANS

Step 1: Upon receipt of the Financial Aid Award Letter, students should indicate their acceptance of the offered loan funds and return their completed and signed award letter to the Office of Financial Aid immediately and no later tha May 1, to confirm acceptance.

Step 2: Upon submission of the signed award letter, the parent borrower should initiate the online loan application through Texas Guaranteed Student Loan Corporation's Loans By Web (LBW).

Step 3: After the parent borrower completes their online PLUS loan application, including choosing the lender from whom they wish to borrow and using their FAFSA PIN for electronic signature, Trinity University’s Office of Financial Aid will complete school certification for loan processing and disbursement.

Initiate your PLUS online application at lbw.tgslc.org/LBW/start.do.


2008-2009 Loans by Web (LBW) Loan Instruction Sheet

This form includes step-by-step instructions for completing the LBW online application process to apply for and obtain your PLUS loan.

WALTON FAMILY LOAN

The interest rate for the Walton Family Loan is fixed at 5% and payments on the principal are deferred while the student is enrolled at Trinity. Interest payments, however, must be made monthly. Repayment of the loan principal begins seven months after the student leaves Trinity and payments are made over a ten year period.

After a student returns the Financial Aid Award Letter and indicates that he or she accepts the Walton Loan, the Student Accounts and Loans Office will place a promissory note online for the student to sign electronically. An email notification will be sent when the promissory note is available.

*Renewal eligibility is based on satisfactory academic progress.

How to apply for WALTON FAMILY LOANS
**NOTE: Your FAFSA PIN is required to complete this process. If you do not have a valid PIN, you must go to the Department of Education's PIN site at www.pin.ed.gov.

Step 1: Log on to ECSI's website at http://www.ecsi.net/promD2/.

Step 2: Provide your PIN when requested on the Student Authentication Network page.

Step 3: Most pages require your acceptance of the terms. To do so, check the box at the bottom of the page.

Step 4: You must provide complete reference information for yourself, a family member, and two additional references. Failure to complete all requested information accurately will keep this loan from crediting your student account.

Step 5: PROMISSORY NOTE – Read completely. Electronically sign at the bottom of the promissory note page. The electronic signature includes a check box and your full legal name.

Step 6: Print the promissory note for the parent or legal guardian to complete the co-signer's section.

Step 7: Mail completed promissory note to:

Trinity University
Business Office – Loans
One Trinity Place
San Antonio, Texas 78212-7200

Your promissory note will be reviewed by the Trinity University Student Accounts and Loans Office before any monies are disbursed. If there are any concerns, you will be notified by email or letter. If you change your mind and no longer want the loan, please notify the Office of Financial Aid at financialaid@trinity.edu or 800-TRINITY as soon as possible.

COLLEGE ACCESS LOAN (CAL)

The College Access Loan Program provides alternative education loans to students who are residents of Texas. This loan is in the student's name, but may require a creditworthy cosigner. The annual amount borrowed cannot exceed the cost of attendance (COA) minus any other financial aid awarded for the academic year. This program is administered by the Texas Higher Education Coordinating Board (THECB).

The CAL has a fixed interest rate of 6%. A 3% origination fee will be deducted from the proceeds of each loan if both the borrower and cosigner have a good credit history. A 5% origination fee will be deducted from the proceeds of each loan if either the borrower or cosigner, but not both, has a good credit history. There are no guarantee fees or insurance premiums with the CAL. The interest is never capitalized and the loan will not be sold to another lender.

CAL repayment begins six months after the student ceases full-time enrollment. The repayment period is ten years for students with balances under $30,000 or twenty years for balances of $30,000 or more, with minimum monthly payments of $50.00. Payments can be deferred if the student attends graduate or professional school.

*Renewal eligibility is based on satisfactory academic progress.

How to apply for the CAL

Step 1: Access the THECB’s website at www.hhloans.com.

Step 2:
First-Time Borrowers - If you are borrowing through the CAL program for the first time, click on the link titled “APPLY FOR LOAN.”
Returning Borrowers - If you are a returning borrower of the CAL program, click on the link titled “STUDENT LOGIN.”

Step 3: Complete the online CAL application, including reference and cosigner information, if applicable. (The CAL application is no longer required to be notarized.)

Step 4: Print your promissory note and include your and your co-signer’s signature and date of signature.

Step 5: Mail your original promissory note directly to the THECB in Austin, Texas, at the address indicated on the upper right corner of the form.

NOTE: CAL funds will not be issued to Trinity University until your promissory note is received by the THECB.

For assistance with the College Access Loan online application, please contact the Texas Higher Education Coordinating Board at (800) 242-3062 ext. 6404 or (512) 427-6340.