To receive a loan, you must complete a separate Stafford Loan Application. Applications are available in the Financial Aid Office and should be returned there for processing. You must choose a Lender. If you select your own lender, you must provide their name, address, and lender code. It is very helpful, though not required, to use the same lender for all of your Stafford Student Loans.
More information follows in the Counseling Session.
Budget forms are available in the Financial Aid Office to assist in determining how much you may need to borrow. Typically, the loan period includes fall and spring semesters. If you borrow for only one semester, the second half of the loan is not available until midway through that semester. Otherwise, loan proceeds are available according to the regular disbursement schedule, which is the 8th day of the semester. It takes approximately 3 weeks for a loan to be processed.