Loan Options

The Cape Cod Community College participates in the Federal Direct Stafford loan program.  The College manages the process for issuing these funds directly for the US Department of Education to the student.  Neither the school or student receives financial incentives for choosing to borrow Direct Loans.

To qualify for a Federal Direct Loan you must complete the following:

1. Entrance Counseling for Undergraduates at

2.  Master Promissory Note for Undergraduates at

3. 2017-2018 Loan Request Form

Federal Direct Loans


  • This is a need-based loan
  • Interest on the loan is paid by the federal government while you are in school, during your grace period, and during authorized periods of deferment.
  • You must be enrolled at least half-time to qualify.
  • Repayment of principal balance begins six months after you are no longer enrolled at least half-time.


  • This is not a need-based loan.
  • You are responsible for paying the interest on your loan from the date of disbursement.
  • The interest rate will be fixed at 4.45 percent for the year 2017-2018.
  • You must be enrolled at least 6 credits (half-time) to qualify.
  • Repayment of principal balance begins six months after you are no longer enrolled at least half-time.

 Parent Plus Loans

  1. Click on Parent Borrowers
  2. Complete PLUS Counseling
  3. The continue with Complete PLUS Loan Master Promissory Note (MPN)
  4. Download 2017-2018 Loan Request Form.  Be sure to complete the form in the student's name and mark it a PLUS Loan.
  • All Parent Plus Loans are credit based; not based on financial need; cannot have adverse credit history.  The interest rate for a parent loan for 2017-2018 is 7.00%.
  • Requires the student be enrolled in at least 6 credits (half-time) at all times to qualify.
  • Loan is in parents name.
  • Repayment begins immediately.
  • All personal loan information can be found on .

 Alternative Student Loans

  • These loans may be available, if Federal Stafford loans are not sufficient, or you do not quality for the Federal Direct Student Loan. They are generally at a higher interest rate and repayment usually begins at the time of disbursement.
  • It is the student's responsibility to research private loan opportunities.  The Financial Aid office does not provide a preferred lender list nor receives any incentives from private lenders.  The Financial Aid Office staff will answer questions and advise students, when possible.
  • Please notify the Financial Aid Office, if you qualify for a Alternative Student Loan.