On August 24,2022, the U.S. Department of Education announced a three-part plan affecting current and future student loan borrowers. The plan extends the pause on loan repayment through December 31,2022, provides targeted relief to low-and middle-income earners by forgiving $10,000-$20,000 for eligible borrowers and proposes the creation of new income-based repayment plans that will substantially reduce monthly payments for eligible borrowers.

To qualify for the targeted loan forgiveness, most borrowers will need to complete a form. Information on when this form will be available will be provided prior to the end of the year, 2022, and before repayment resumes in January 2023. The U.S. Department of Education has set up a subscription page where borrowers can sign up to receive updates and information on the upcoming application process. For detailed information on the Student Loan Debt Relief Plan visit https://studentaid.gov/debt-relief-announcement/one-time-cancellation

Stanislaus State participates in the William D. Ford Federal Direct Loan Program. Your Federal Stafford (Subsidized and Unsubsidized) and PLUS (Parent PLUS) loans are processed directly through the U.S. Department of Education. Loans are funds that you must repay. The Federal Loan programs offer a government-regulated and reasonably affordable way to invest in yourself.  Your loan information will be submitted to the National Student Loan Data System (NSLDS) for accessibility to schools, lenders, and guarantors for specific purposes as authorized by the U.S. Department of Education.

There are limits on the amount in subsidized and unsubsidized loans that you may be eligible to receive each academic year and the total amounts you may borrow as an undergraduate or graduate grade level. For details on both loan limits, please visit the Federal Student Aid Loan Information.

Student loans are optional. To receive a loan you must be ENROLLED (not waitlisted) at least half-time at Stanislaus State. To keep your loan, you must STAY enrolled in half-time status each semester. Half-time for undergraduates, credential students, students working on a 2nd baccalaureate degree, and post-baccalaureate unclassified students is defined as 6 units. Half-time for graduate professional and doctorate students is 4 units. To review the differences between Direct Subsidized Loans and Direct Unsubsidized Loans click here.


  1. You must accept your loan offer at your MyStanState account.
  2. You must electronically complete and sign your Master Promissory Note (MPN) online at the Student Aid website. This is the legal document for your loans and is required before your loan(s) can be processed.
  3. If you are a FIRST-time borrower of the Direct Loan Program, you must complete the Direct Loan Entrance Counseling online at the Student Aid website.

The Federal Direct Loan Program provides you with delayed repayment while you are in-school and flexible repayment options for when you enter into repayment. After you graduate, leave school, or drop below half-time enrollment, your loans enter into repayment. At the time of entering repayment, you must complete Loan Exit Counseling, which informs you of your rights, responsibilities, and terms of your repayment of your loan. You can estimate potential monthly loan payment that is best suited to your financial situation by referring to the Federal Student Aid Calculator.

To apply for a Federal Direct PLUS Loan at Stanislaus State, the student must complete a FAFSA and submit parental information. The following steps must be completed by the parent.


  1. The PARENT must Apply for a PLUS loan at the Student Aid website.

  2. The PARENT must electronically complete and sign a PLUS Loan Master Promissory Note (MPN) at the Student Aid website. This is a legal document for the loan and is required before the loan can be processed. 

  3. An acknowledgment will be sent to Stanislaus State with the credit decision. Once the credit decision is received your loan will be accepted or canceled on the student's MyStanState portal. 

Refer to Plus Loan Instruction Sheet for steps to complete the PLUS Master Promissory Note (MPN).

PLEASE NOTE: All parent proceeds are applied to outstanding current balances the student owes at Stanislaus State. Any excess funds from the Parent PLUS loan will go to the PARENT. If you would prefer the excess funds go to the student, please submit a written request to the Financial Aid & Scholarship Office.


For private loan information please visit the Smart Student Guide for additional information on how to apply for private loans.

The Stanislaus State Financial Aid and Scholarship Office does not provide concessions or promises to lenders for a specific number of Private Loans, a specified loan volume, or a preferred lender arrangement in exchange for private loan funds to students.

Officers, employees, and agents of Stanislaus State do not accept gifts from lenders, guaranty agencies, or loan servicers. The Financial Aid and Scholarship Office staff does not accept compensation for any type of consulting arrangements or contract to provide services to or on behalf of a lender relating to education loans. The Financial Aid and Scholarship Office staff does not receive compensation for serving on an advisory board, commission, or group established by lenders or guarantors, except for reimbursement of reasonable expenses. The Financial Aid and Scholarship Office staff does not accept commissions, bonuses, or incentive pay.

CSU Code of Conduct for Student Lending

The Cohort Default Rate (CDR) is an accountability metric for US colleges that are eligible for federal Pell Grants and student loans. The CDR measures the share of federal student loan borrowers who default within a specified period of time after entering repayment. You can find Stan States' official Cohort Default Rate (CDR) by entering our school code (001157) in the search area where the OPEID is required.

Official Cohort Default Rate Search for Schools

Updated: April 03, 2023