To apply for your Federal Stafford Loan online, follow the instructions indicated and select a preferred lender. If you are accepting a lesser amount than offered, indicate the amount you wish to borrow on the back side of your award letter and then proceed to apply for your loan online. Returning students should carefully read the front and back page of the award letter and the Understanding your Financial Aid Award brochure. Be sure to indicate on the back page of your award letter if you are accepting a lesser amount. If you have not previously applied for a Federal Stafford Loan, go online now.
Lenders deduct loan fees from student loans prior to each disbursement.
Each loan must have at least two separate disbursements, one occurring at the beginning of the loan period and the second at the mid-point of the loan period. Each term's registration process must be completed prior to the release of any financial assistance. At registration, all financial aid, including loans will be credited to your student account. These lenders are well versed in the student loan business and offer repayment incentives that will save you money during your repayment obligation. Federal guidelines mandate loan reductions or complete cancellations due to changes in your enrollment status, or receipt of assistance from any source based solely on attendance at Creighton.