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How to apply for stafford loan

how to apply for stafford loan

Step-By-Step: Applying For a Stafford Loan

Please Note, for priority processing in order to meet the semester due dates for tuition bills, 

ALL  loan materials must be received by the following dates:

Summer Semester: April 30

2. Complete the appropriate Federal Direct Stafford Loan Application:

  • (PLEASE NOTE:  you must download/save the PDF in order to fill out the electronic signature section).
  • All other students:
    • Complete the 2015-2016 Federal Direct Stafford Loan Application  (also available in Word format)
      • (PLEASE NOTE:  you must download/save the PDF in order to fill out the electronic signature section).

(For the 2014-2015 academic year: complete a 2014-2015 Federal Direct Stafford Loan Application either electronically in Word or print and complete the PDF ).

3. E-mail the application as an attachment to Barbie Papalios at or mail to the address on the form.

FAFSA Tips: the Title IV school code (Section H) is 002133 and all graduate students are considered independent and do not need to provide their parents’ financial information. Master’s and Ph.D. students may request up to $20,500 in Stafford Loans per year and Post-Baccalaureate students may request up to $12,500 in their first year only.

2. After submitting the FAFSA, the Department of Education will send you a Student Aid Report (SAR). When the SAR arrives, carefully check it for accuracy and make any necessary corrections.  The GSAS office will receive this information electronically.

3. If you are selected for verification, you may be

asked to complete additional paperwork or submit supporting documentation such as proof of citizenship or income tax forms. You will be notified by the GSAS Office should you be required to do so.

5. Once you have been approved for a Stafford Loan, the GSAS Office will send a loan letter to you outlining the amount and disbursement schedule for your Stafford Loan.

6. Complete Entrance Counseling. To begin your Federal Direct Stafford Loan Entrance Counseling session online, go to the U.S. Department of Education's Direct Loan Servicing website  and click the green "Sign In" button at the top left of the screen. You will need your Personal Identification Number (PIN) from your FAFSA to log onto this site. If you do not recall the PIN that was assigned to you when you completed the FAFSA, you can request it again here .

7. Sign Master Promissory Note (MPN). Once you have completed Step #6, Entrance Counseling, you will need to sign your MPN. This can also be done here. Failure to sign your MPN will result in cancellation of this loan under federal regulations. If the cancellation of this loan causes a balance due on your account, a hold will be placed on your account. 

8. Once you have fulfilled all loan and course registration requirements, you may then file for a refund of your credit balance through Student Financial Services. The earliest loan credit can be released from your account is 10 days before classes begin. The form is available in their office and online .

Graduate School of Arts and Sciences  |  Kutz 219, MS 031  |  415 South Street, Waltham, MA 02453  |  (781) 736-3410

Category: Credit

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