|Applying for a Stafford Loan can be a daunting task….but it does not have to be. Here is a quick break down of how the process works once you fill out the Stafford Loan Promissory Note (MPN). See the steps below.|
|Let’s assume you opt for an online signature:
A. You fill out your personal information on staffordloan.com.
B. Check your email for the link to your electronic MPN. Click the link and follow the instructions on how to “docusign”.
C. Approximately 36 hours from your signature – a school certification form will be sent to your school’s Financial Aid Office.
D. Remember that Promissory Notes are good for up to 10 years, but typically you have to “accept” the loan every year. Do not assume that because you filled this out freshman year, it will automatically renew. Stay on top of it before every school year. If you need information about other ways to pay for school visit any one of the sites below.
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