Federal Direct Stafford Loan
Federal Direct Stafford Loan
Campbellsville University participates in the Department of Education’s Federal Direct Loan Program. Prior to receiving a Federal Direct Stafford Loan, students must complete the Free Application for Federal Student Aid (FAFSA), be a United States citizen or eligible non-citizen, not be defaulted with any Department of Education loan, and be enrolled in school at least half-time. Federal Direct Stafford loans have a fixed interest rate currently of 4.30%. Repayment of the loan will begin six months after the student graduates or drops below half-time enrollment.
Borrowers are required to complete Loan Entrance Counseling and a Master Promissory Note before the loan can be disbursed. Students can complete these items by following the steps below:
Go to: www.studentloans.gov
Sign in using your FAFSA PIN number
Verify your personal information
Click on: COMPLETE ENTRANCE COUNSELING
Click on: COMPLETE MASTER PROMISSORY NOTE
Select loan type: STAFFORD LOAN
Follow through until the process is complete