Instructions for
Federal Student Loans

Submitting online — through the MyDSCC portal — saves you time and money and allows a quicker response from us. If you are unable to complete an electronic Federal Direct Student Loan request form, you may print off the electronic form, sign it, and return it to the Office of Financial Aid. Forms can be mailed to the Office of Financial Aid, Dyersburg State Community College, 1510 Lake Road, Dyersburg, Tennessee 38024, or faxed to 731-286-3354. Paper forms are also available at each DSCC campus location or by calling the Office of Financial Aid at 731-286-3244.

Loan limits will be reduced for students who are not enrolled full-time (12 or more credit hours per term). Loan disbursements may also be adjusted if a student drops, withdraws from, or does not attend one or more classes.

Federal Direct Loan Instructions

1.  Complete the Free Application for Federal Student Aid (FAFSA) 

• • Include the DSCC School Code 006835.
  • You must be accepted for regular admission to the college. Call the Office of Admissions and Records at 731-286-3350 if you have questions concerning admission to the college. Please note you must maintain enrollment in at least six credit hours each semester to be considered eligible for a federal direct student loan. If you cease to be at least a half-time student for six months, repayment will begin on your federal direct student loans.

2.  Complete online Federal Direct Student Loan Entrance Counseling and Complete a Master Promissory Note (MPN).

Online Federal Direct Student Loan counseling will be required once for the duration of your attendance at DSCC and the MPN will only be required once every ten years. DSCC will receive your MPN and loan counseling electronically by the next business day following your submission.

• To complete the Federal Direct Student Loan Entrance Counseling:
  • Go to the Federal Direct Student Loan Entrance Counseling Website
  • Click the blue “Log in to Start” button beside “I am an Undergraduate Student”
  • Input your FSA ID Username or Email Address and your FSA ID password and click to log in
  • Accept the terms
  • Click “Continue” at the bottom of the page
  • Choose Tennessee and Dyersburg State Community College in the drop down box to notify our school
  • Click “Continue” at the bottom of the page
  • Click “Start”
  • Continue to read and answer the questions until you get to the end
• To complete the Master Promissory Note:
• • Go to the Federal Direct Student Loan Master Promissory Note Website
  • Click the blue “Log in to Start” button beside “I am an Undergraduate Student”
  • Input your FSA ID username or E-mail Address and your FSA ID password and click to log in
  • Accept the terms
  • Input the information that it asks until you reach the end to submit
  • A student may request to complete a paper Master Promissory Note (MPN). Students and/or Parents can download a paper Master Promissory Note by following the links below:
    • Federal Direct Subsidized/Unsubsidized Student Loan Master Promissory Note
    • Federal Direct Parent PLUS Loan Master Promissory Note
  • If a student does not have access to a computer, this form may also be obtained by visiting a OneStop Center at any DSCC location, or by contacting the Office of Financial Aid at financialaid@dscc.edu or 731-286-3244.

3.  Complete the Federal Direct Student Loan Request Form and submit it online.

• • Login to MyDSCC
  • Click on the Student Tab
  • Find the Student Financial Information Card and click “Fall/Spring Loan Request”
  • Click on “Complete This Form”
  • Fill in blanks on the form
  • Select “Next”
  • Electronically sign form and submit

You may view and monitor your Federal Direct Student Loan balances at https://studentaid.gov/h/manage-loans. It is important to maintain complete, accurate, and up-to-date information regarding your Federal Direct Student Loans.

Before borrowing, consider your monthly repayment obligation in relation to your prospective income upon graduation or leaving school. You may view your repayment options at https://studentaid.gov/loan-simulator/

You should explore all potential sources of financial aid before requesting a Federal Direct Student Loan, and only borrow the amount needed for successful completion of your program.

Dyersburg State does not endorse any private student loans. 

If you decide to cancel this Federal Direct Student Loan, please notify us in writing or by email. You can cancel all of or a portion of a Federal Direct Student Loan disbursement within 120 days of the date your Federal Direct Student Loan funds have been paid out. If you choose to cancel the amount disbursed, you will return the money you received, and you will not be charged interest or fees.