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IMPORTANT! Changes to the Federal Student Lending Process The recently enacted Health Care and Education Affordability Reconciliation Act of 2010 (H.R. 4872), eliminates the Federal Family Educational Loan (FFEL) Program on July 1, 2010. Effective June 1, 2010, Horizons Federeal Credit Union is no longer accepting new applications for student loans through the Federal Family Educational Loan Program. Contact your school’s financial aid office for more information on securing federal student loans. For questions or service related to an existing Federal Family Educational Loan secured through Horizons Federal Credit Union, contact our chosen servicer, Great Lakes at 1-800-236-4300, or at www.mygreatlakes.org. Additional Direct Loan Tools: · Direct Loan Guide – Details Federal Direct Loan terms and application process. · Frequently Asked Questions for Borrowers · National Student Loan Database · Direct Consolidation Loan Program
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