Mapping Your Future: Online Counseling
Step 2 Contact Us

Stafford Entrance Counseling

Oakland Community College in All campuses, MI

To complete your loan application process:  (1) you must read the required reading below AND (2) return to the Oakland Community College/Financial Aid/Student Loan Webpage after completing your entrance loan counseling.

ONLY students selecting National City Bank (826947) will need to sign their MPN at this website: www.opennet.salliemae.com, after you complete your loan counseling.

Required reading before completing loan counseling. There have been changes in the Lending Community.  Student must go to the Oakland Community College (OCC) website to check the lenders that OCC participate with.  Because of the changes with our lender partners, you may have to select a new lender and sign a new Master Promissory Note (MPN).

The Higher Education Opportunity Act signed into law on August 14, 2008 provides additional entrance counseling requirements:

• Accepting a loan may affect your eligibility for other forms of financial aid.

• Interest accrues on Federal Unsubsidized Stafford loans and is capitalized if not paid while in school.

• Half time enrollment at OCC is 6 credits, if you drop below half time, your loan will enter repayment after your grace period and you will not be eligibile for student loans.

• Students, who withdraw before completing their program of study, must notify their Student Financial Resources & Scholarships office, to get information on completing exit counseling. Contact one of the following campuses:
                                     • Auburn Hills Campus 248-232-4340
                                     • Highland Lakes Campus 248-942-3040
                                     • Orchard Ridge Campus 248-522-3440
                                     • Royal Oak Campus 248-246-2440
                                     • Southfield Campus 248-233-2990

• Students may lose certain types of financial aid if convicted of certain drug offenses while receiving that aid.


• If you have any questions about your rights and responsibilities or the terms and conditions of the loan, contact the Office of Financial Aid, visit the NSLDS website (http://www.nslds.ed.gov/), or contact your lender/servicer for your loans.

 
MYF Disclaimer:

The information above is wholly the product of the school represented herein. Mapping Your Future, and its individual sponsoring members, do not guarantee or warrant the correctness, completeness, accuracy, or any other characteristic of this content and shall not be liable for any loss, damage, or cause of action arising out of the content.


Stafford Entrance Counseling Session Instructions

Before You Start

  • Ensure you meet the browser and system requirements:
    • You must use at least Internet Explorer 6.0 or Mozilla Firefox 1.0. Get a browser now.
    • You can use any Internet service provider (ISP) to connect to the Internet; however, you should access this counseling session using one of the browsers above after you've connected. Do NOT use the ISP's browser, such as AOL or MSN--you won't be able to complete the student form at the end of the session!
    • You must enable JavaScript in your browser.

  • PARENTS: Please don't complete the counseling session on behalf of your son or daughter, as this federal requirement helps the student understand the rights and responsibilities of borrowing a student loan.

  • You will need about 25 minutes to complete this counseling session.

  • You will need the following information:
    • Your Social Security number
    • Your driver's license number

  • You might need the following information:
    • Name, address, telephone number, and employer for your spouse, if applicable
    • Names, addresses, telephone numbers, and employers for your next of kin and/or parent
    • Names, addresses, telephone numbers, and employers for two references residing at different addresses
    • NOTE: Providing names and information for your spouse, parent, next of kin, and references does not obligate them to assist with repayment of your loan. Regulations require you provide this data so your loan holder can locate you, if, in the future, they have an invalid address or phone number.

  • The student loan calculator in this session will help you calculate your estimated monthly payment. If you aren't sure how much you'll borrow, you can ask your school for the average student loan indebtedness of borrowers at the school or in your program of study at the school.

What to Do

  • Read the content and answer the questions.
  • Fill out the student information form. Use the comment box for any comments or questions you have for your school.
  • Print the confirmation page that appears after you fill out the student information form or note your confirmation number for your records.

NOTE: Generally, the Back and Forward buttons on your browser will not work once you begin the counseling session.  Use the buttons within the counseling to navigate.

NOTICE: The information you provide for loan counseling may be disclosed to third parties, such as your lender, lender servicer, school servicer, subsequent loan holder, or guarantor, as authorized under routine uses in the appropriate system of records and as may be authorized or required by federal regulations.