The Subsidized Stafford Loan program is a federal program based on need, but repayment is required. Repayment begins six months after you leave school. The maximum amount is $3,500 for both independent and dependent students. Please follow the step-by-step instructions below to apply:
Applying for Federal Stafford Loan
To start the process you will need to have your PIN (Personal Identification Number) from the Department of Education. The next step is to complete Stafford Loan Entrance Counseling at www.studentloans.gov.
Please follow the prompts on the screen to complete the loan counseling session. Next you will be required to complete a Master Promissory Note (MPN). You will select the MPN for “subsidized/unsubsidized.” Please allow 30-40 minutes to complete. The MPN must be completed in one session. If you fail to complete the online application in one session, entered data will be wiped clean and you will be required to start again from the beginning. You will provide reference information for two people you have known for at least 3 years. These people are not obligated to the loan. You will need their complete addresses and phone numbers.
Once you complete the MPN and all other financial aid paperwork has been reviewed by the Financial Aid office, your loan will be certified.
Exit counseling sessions must be completed at the time of graduation, or when a student withdraws from school. A hold will be placed on the school records of those who fail to attend an exit counseling session at the appropriate time.