Apply for a Loan

Federal Direct Loan Program

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 Borrowers

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.

Steps:

  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 (www.studentloans.gov). 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 www.studentloans.gov.

Refer to Direct Loan Sheet for steps to complete the Entrance Counseling and Master Promissory Note (MPN).

Direct Loan Repayment

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.

Parent Borrowers

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.

Steps:

  1. The PARENT must Apply for a PLUS loan at https://studentloans.gov.
  2. The PARENT must electronically complete and sign a Loan Agreement for PLUS (MPN) at (https://studentloans.gov). This is a legal document for the loan and is required before the loan can be processed. 
  3. An acknowledgement will be sent to Stanislaus State with the credit decision. Once the credit decision is received your loan will be accepted or cancelled on the students MyStanState portal. 

Refer to Direct PLUS Loan 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.

Private Loans

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

Code of Conduct

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