Loan Request Form

Personal Information




In order to apply for the loan, you must use your SMC email address.






New Borrower Information
As a new loan borrower with SMC, you will need to complete Entrance Loan Counseling, Annual Student Loan Acknowledgement, and a Master Promissory Note before the loan can be fully processed to your account. These steps can be completed through studentaid.gov under the "Complete Aid Process" dropdown. You will need your FSA ID (FAFSA username and password) as well as your social security number to log in. Once these are completed, you can move forward with filling out the rest of this form.


Returning Borrower Information
Obtain Your Current Loan Debt Information

  • Copy and paste the following website address into your web browser and follow the instructions below (studentaid.gov/asla/).

  • Login using your FSA login and password

  • Please click on "Accept the Terms"

  • Find your total overall loan amount and list it below

  • Find your estimated monthly payment and click on "View Loan Details" below the visual chart

  • Look under the types of loan(s) and list at least one loan servicer




Based on current loan balance
Additional Important Loan Acknowledgements


Total Financial Aid Awards

To review your available financial aid, log into SMC Wired. Click the down arrow on the “Student Resources” tab and select “Bill and Payment Center”, then click “View Activity”. This will show what you receive for the current semester. If you are planning on getting a loan for both the fall and spring semesters then duplicate the numbers you entered in fall semester and put those in spring semester. We understand that the numbers you put in spring semester may end up being different when you register for spring, but that it is okay for the purposes of this request.

  • If you do not have anything to put in a box (for example, if you do not have any personal savings), then put a 0 in the box.



If you are applying for fall but also expect to attend SMC in the spring, please select Fall and Spring, even if you are unsure of your costs, aid, or need for a loan in spring semester.

Enter Fall Semester Information







Enter Spring Semester Information







Enter Summer Semester Information







Calculate Total Financial Aid                                         


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Total Institutional Costs

To complete this section, go to the “Bill and Payment Center” under the “Student Resources” tab in your SMC Wired account. If you do not have a registration bill, you can use estimates from the tuition chart available online at swmich.edu/cost-aid/cost. If you are planning to enroll in both fall and spring semesters and wish to get a loan to help with both fall and spring semester costs, then you can duplicate the numbers you entered in semester 1 (fall) and put those in semester 2 (spring). We understand that the numbers you put in semester 2 may end up being different when you register for spring, but that it is okay for the purposes of this request.

  • If you do not have anything to put in a box (for example, if you are not living on campus), then put a 0 in the box.

  • If you do not know how much your books and supplies may be for each semester then we suggest you estimate approximately $500 for each semester.

Enter Fall Semester Cost Information




Go to shopsouthwestern.com, enter your student ID, and select the term.

Eligible educational expenses may include room and board, transportation, personal expenses.

Enter Spring Semester Cost Information




Go to shopsouthwestern.com, enter your student ID, and select the term.

Eligible educational expenses may include room and board, transportation, personal expenses.

Enter Summer Semester Cost Information




Go to shopsouthwestern.com, enter your student ID, and select the term.

Eligible educational expenses may include room and board, transportation, personal expenses.

Calculate Total Institutional Costs


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Calculate Need

Subtract the amount in the Total Institutional Costs box from the Total Financial Aid box. This is considered your remaining financial need, which you can put below. 

There are annual limitations to student loans amounts--$5,500 a year for first-year students, $6,500 a year for sophomore-level students, $9,500 a year for first-year independent students, and $10,500 for sophomore-level independent students. Most students are considered dependent students.

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