Financial Aid Office PO Box 496006, Redding CA 96049 -6006 2013-14 Student Phone: (530) 242-7700 Borrowers Worksheet • This is step 4 of a 6 part process. If steps 1, 2, 3, 5, and 6 have not been completed, we will not be able to process your request. Complete the section below: • Name: Student ID: . • The educational goal/program I am enrolled at Shasta is: . • The career/type of work I plan to do after completing my educational goal is (include transfer if applicable): . • The month and year I expect to complete my educational goal are (including transfer if applicable): MonthYear. • My current CUMULATIVE GPA is: ___________ My current CUMULATIVE Pace is:_____________My current Quantitative status is: ______________, See www.shastacollege.edu/fa_sap for calculation. • I would like to borrow $this academic year at Shasta College. • I currently owe $in student loans. (see: www.nslds.ed.gov) • Items 7-10 Below are Required Information: • 7. After this year I expect I will need to borrow a total of $to complete my goal. (Include the amount you will borrow to complete your academic goal). • 8. Upon completing my education I anticipate my total student loan debt will be $ . • 9. My approximate loan payment will be $per month. A loan repayment calculator may be found at : http://finaid.org/calculatord/loanpayments.phtml. • 10. I expect my annual starting salary in my profession to be $ . Starting salary information may be found at : http://www.salary.com Monthly Salary $ . • My monthly expenses are/will be: • Rent $__________ • Food $__________ • Car $__________ (include gas, insurance, payment) • Utilities $__________ • Personal $__________ (clothes, credit, entertainment, misc) • A general guideline is that your student loan payment should be no more than 15% of your income. • Federal Student Loans are required by law to provide a range of flexible repayment options, including but not limited to, income-based repayment and income contingent repayment plans, and loan forgiveness benefits which other student loans are not required to do. Federal loans are available to students regardless of income. • This form contains personally identifiable information. It is important to safeguard your information. • Do not mail this form to the U.S. Department of Education. Submit this form in person to the Shasta College Financial Aid Office, Room 108 or one of the following campuses: Tehama, Trinity or Intermountain.