General Loan Information

In order to apply for a Federal Direct Stafford Loan, follow the steps below:

1. Complete the Free Application for Federal Student Aid (FAFSA) or Renewal FAFSA online at  www.fafsa.gov
2. Complete additional paperwork requested by Southwestern
3. Receive your Official Award Letter
4. First-time Southwestern loan borrower steps -
   1. Loan Request Form for First-time Southwestern borrowers
   2. Loan Entrance Counseling session
   3. Complete your Master Promissory Note 
   4. If you have defaulted on a Stafford loan in the past at any institution (even if it has been resolved), you may not receive a new loan at Southwestern but can appeal the Financial Aid Committee and await their decision. This is part of Southwestern's Default Management program.
5. Returning Southwestern loan borrower steps -
   1. Loan Request Form for Returning Southwestern Borrowers.
6. If you have questions regarding this process, you may contact the Student Loan Coordinator by email.
7. Once you have completed the term/year and your loan has ended, you will need to complete a
   Loan Exit Interview. You will be provided with the appropriate paperwork once your loan is completed.