Applying for a Student Loan

To apply for a subsidized or unsubsidized Federal Stafford Loan, first complete the Free Application for Federal Student Aid (FAFSA). You can complete the FAFSA online or you can obtain a paper copy by calling (800) 4FEDAID. You must complete the FAFSA every year.

What's next?

Your school will determine your eligibility for student loans once you have submitted your FAFSA. Schools are responsible for informing you of the types and amounts of aid you are eligible to receive, including federal student loans, and of the steps involved in finishing your student loan application process, such as signing a Master Promissory Note, or MPN.

All new Federal Stafford and PLUS loans first disbursed on or after July 1, 2010 must be made by the federal government through the Federal Direct Loan Program. Once you sign an MPN for a Direct Loan, you will be able to borrow subsequent loans for up to 10 years without signing another promissory note.

Your school will generally apply your student loan funds to your account in at least two installments.

More information

Browse these links for helpful information and additional resources and information about the terms and processes associated with federal student loans.