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July 24, 2016 Home > Financial Aid

Direct Loans

Important Changes Effective July 1, 2013 Regarding Direct Subsidized Student Loans:

In accordance with Public Law 112-141, Moving Ahead for Progress in the 21st Century Act (MAP 21), time limitations have been placed on Direct Subsidized Loan eligibility for First-Time Borrowers on or after July 1, 2013.  If a first-time student loan borrower qualifies for a Subsidized Direct Loan, the borrower may not receive receive Direct Subsidized Loans for more than 150% of the published length of their program of study.  For example, if you are enrolled in a 2-year associate degree program, the maximum period for which you can receive Direct Subsidized Loans is 3 years (150% of 2 years = 3 years).  Once this limit is reached, the federal government will no longer (with certain exceptions) pay the interest that accrues on your Direct Subsidized Loans for periods when the federal government would normally have done so.

For detailed information and calculation examples, click here.


On March 30, 2010, President Obama signed the Health Care and Education Reconciliation Act of 2010 (HCERA), which makes significant changes to the federal student loan programs authorized by Title IV of the Higher Education Act of 1965. One of the provisions of the HCERA is the termination of the Federal Family Education Loan (FFEL) Program. Therefore, beginning July 1, 2010, all new Stafford, PLUS, and Consolidation loans can only be made under the William D. Ford Federal Direct Loan (Direct Loan) Program. This change simply means that our students and parents will now acquire Stafford and PLUS (parent) Loans directly through the U.S. Department of Education, rather than through private lenders participating in the Federal Family Education Loan Program (FFELP).

What should you do to apply for loans?

·         You should file the Free Application for Federal Student Aid (FAFSA) online at as soon as possible. Be sure to include Central Alabama Community College (School Code 001007) on your FAFSA application. While this can be done anytime, it is strongly advised that it be completed by May 1 of this year.

·         Due to the importance of understanding responsibilities associated with borrowing, all students are required to complete an online ENTRANCE COUNSELING at each request for a Direct Loan. Please visit the Direct Loan web site at and sign with your federal PIN to complete the Entrance Counseling.

·         You must complete the Direct Loan Master Promissory Note (MPN) on the Direct Loan website at or you may come by the Financial Aid Office for other options. Electronically signing your MPN is recommended for faster guarantee of your loan.

Central Alabama Community College is committed to providing you with timely and dependable financial assistance. I encourage you to contact the Financial Aid Office should you have questions regarding the student loan process.


Cindy Entrekin
Director of Financial Aid

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Alexander City Campus
1675 Cherokee Rd

Alexander City, AL 35010
Fax: 256-215-4244

Childersburg Campus
34091 US Highway 280
Childersburg, AL 35044
Fax: 256-378-2027
Talladega Center
1009 South Street East
Talladega, AL 35160
Fax: 256-480-2081

          Financial Data         ♦         American Recovery and Reinvestment Act        ♦        State Board Policy 304.02