Student loans, unlike grants and work-study, are borrowed money that must be repaid, with interest. You cannot have these loans canceled because you didn’t get a job in your field of study or due to financial difficulty.

Loans are legal obligations, so before you take out a student loan, think about the amount you’ll have to repay over the years. A loan calculator may help you to plan for your loan repayment.

Financial need is not a requirement to obtain certain student loans. However, if you demonstrate financial need and are eligible for a Subsidized Loan, the federal government (U.S. Department of Education) will pay the interest that accrues on this type of loan during certain periods of enrollment.

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How To Accept Your Loan Award*

1. Complete online loan entrance counseling (if you are a new borrower)
2. Complete your loan Award(s) by going to Loans by Web to guarantee your loan, and
3. Sign your Master Promissory Note (MPN). You may sign, date, and mail a printed MPN to your lender (The address will be provided for you) OR you may E-sign* your MPN by going back to Loans by Web.

*See our "How to Accept Your Loan Award" page for more specific information, including Screenshots explaining "How to Guarantee Your Loans"

Additional Information

Student's budgets (cost of attendance) are based on full time enrollment. When loan proceeds are received at the college, we will check enrollment status. If the student is enrolled less than full time the budget will be reduced. This could cause an overaward situation and to eliminate this, part of the loan proceeds will be returned to the lender. If this should occur, the student will be advised by a letter from the financial aid office.

Learn more about the types of student loans and eligibility requirements.

Already accepted your eligible loan award amount and want to know when to expect your loan disbursement?

First Time Borrowers and New Students

Student aid regulations require the school to conduct entrance loan counseling for all new & first-time borrowers before issuing the first disbursement. If you're a first-year undergraduate student and a first-time borrower, your first disbursement cannot take place until 30 days after the first day of your enrollment period begins (see important dates).

Spring Loans and Withdrawal from Navarro College

If you withdrew from Navarro College in the fall semester, and are returning for the spring semester, please be aware that your spring loans, if you were eligible, were cancelled when you withdrew. You will need to contact us.

Summer Loans

Students interested in summer loans need to complete a "Request for Summer Stafford Student Loan". Eligibility for a summer loan depends on your grade level, degree plan, and amount of loans you have already borrowed for the academic year.

PLUS Loans

Looking for information about Parent PLUS Loans (Click Here)?

Want to apply for a Parent PLUS Loan (Click Here)?

What Else?

• Scholarships
• Grants
• Work Study
• How to complete entrance counseling
• How to guarantee your loan
• Texas Guaranteed Tuition Plan (formerly the Texas Tomorrow Fund)

Loan Counseling

Federal regulations require that all students who receive a Federal Family Education Loan (FFEL) must complete loan entrance counseling.

Federal regulations also require that all students who receive a Federal Family Education Loan (FFEL) must complete exit counseling prior to graduation or dropping below half-time attendance. You may not be able to get a copy of your college transcript until you have completed this important step.