Complete the Loan  Process 

All students requesting Federal Stafford loans are required to sign a  Master Promissory Note (MPN) and complete entrance counseling with the Direct Loan Program at www.studentloans.gov  Your Master Promissory Note (MPN) is good for 10 years.    You will need the pin you used when you e-signed your FAFSA. 

1) "Sign-in" to www.studentloans.gov  under the "Manage My Direct Loan" section.

2) Sign a Master Promissory Note

3) Complete Entrance Counseling

Note for Transfer Students:  If you previously had a student loan through a lender (FFELP), you may need to sign a new Master Promissory Note since all students loans are now issued directly through the Department of Education.  If you are not sure whether you need to sign a new MPN, complete the process above.  You will be notified during the process if you do not need to complete a new MPN.

If you do not remember your PIN, you can get help at www.pin.ed.gov .

LOAN AMOUNTS
Freshman (less than 30 earned hours) $3500
Sophomore (30 to 59 earned hours) $4500
Junior or Senior (60 earned hours and above) $5500
Graduate Students $8500

Effective July 1, 2008 dependent students may be eligible for up to an additional $2000 of unsubsidized loans and independent students or dependent students whose parents were not able to obtain a Parent Plus Loan may be eligible for up to an additional $6000 of unsubsidized loans per academic year. Graduate students may be eligible for up to an additional $12,000. The actual amount a student can borrow depends upon the "cost of attendance", EFC, and other aid the student may be receiving.

•  Loan funds are divided by semester.
• Your award letter will list your loan amount.
  
• You must continue to complete the Free Application for Federal Student Aid (FAFSA) each year as well as meet the Stafford Loan eligibility requirements as long as you continue to attend school.
   
  More information concerning the Direct Loan Program