Hillsborough Community College offers loans through the William D. Ford Federal Direct Loan Program, which issues loans directly from the federal government. Information for Hillsborough Community College students on private loans and how to apply for them.Which servicer handles your federal student loans. View the best student loans for Hillsborough Community College students from companies including Sallie Mae, Ascent and College Ave. To apply for a federal student loan, you must first complete and submit a Free Application for Federal Student Aid (FAFSA) form. Steps for School Registration 1. Find your school using the school locator. This scholarship provides an education savings account (ESA) to fund the educational needs of eligible students.