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Student Financial Services
Federal Stafford Student Loan Application Process
To streamline the process of applying for and receiving Stafford loans, Saint Joseph’s College, along with our preferred lenders, servicers, and guarantee agencies, are working together to make the process as “paperless” and efficient as possible. The following steps will walk you through the entire process of applying for your loan online, e-signing your promissory note, and notifying SJC of how much and what type of loan(s) you wish to receive.
Step One:
If you have already received Stafford loans as an SJC student, skip Step One and proceed to Step Three.
All students borrowing for the first time must complete online Entrance Counseling, as required by federal regulations, prior to receiving the first disbursement of their Stafford loan. If you have never completed Entrance Counseling requirements as a Saint Joseph’s College student, follow the link below to complete your counseling online. Note: You must create an ID and password the first time you enter the site; keep this ID and password handy, as you will also use it to log into the application area.
Step Two:
Below is a list of lenders* through which Saint Joseph’s College currently processes federal Stafford loans. To complete the Federal Stafford Loan Master Promissory Note (MPN), select the lender you want your loan to be processed through and you will be directed to their secure site to apply online. When given the option to e-sign your promissory note, it is strongly recommended you do so. Otherwise, the lender will print and mail to you a paper MPN that you will have to sign and mail back to them before your loan can be certified. You only need to complete this portion of the online application process if you are a new borrower or you already have a Stafford loan but wish to change lenders (not recommended)
| Lender Name | Lender Code | |
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Charter One Bank | 808140 |
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Student Loan Funding | 831455 |
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Chase Bank | 803000 |
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Key Bank | 813760 |
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Step Three:
Click the link below to complete SJC’s online Federal Stafford Loan Request and Information Form. Be sure to complete all areas of the form so that SJC knows how much and what type(s) of loan(s) to certify for you. We cannot certify your request until you have completed this form and submitted it to Student Financial Services. If you are a returning student who has already submitted a Federal Stafford Loan Master Promissory Note (MPN) in a previous year, or if you are a transfer student who has already completed a Federal Stafford Loan Master Promissory Note at another school and you are keeping the same lender, submission of this form is the final step in your loan request. If you have never completed an MPN, or if you are changing lenders, proceed to Step Two after completing the SJC online Federal Stafford Loan Request and Information Form.
