Apply for a Federal Stafford Loan Through WVSU
Sign your Federal Stafford Loan Promissory Note On-Line:
The Office of Student Financial Assistance will certify your loan for you electronically when your financial aid file is complete.
- New loan applications will be certified after July 15, each year. Student loan borrowers must be enrolled at least half time (six semester hours) to receive student loans.
- All loans are subject to an origination fee up to 2%. You will receive a loan disclosure statement showing the net amount of your loan disbursement.
- All first time freshman student loan borrowers are subject to a mandatory thirty day delay on the first disbursement of student loan funds. This pertains only to the first semester disbursement. First time freshmen who met the deadline can expect disbursement of loan funds thirty days from the first day of class.
- New loan applications should be completed no later than August 10, for the fall semester or December 20, for the spring semester in order to ensure that loan funds are available on the day after drop/add.
- Do not attempt to complete an electronic loan application through Sallie Mae until you are notified to do so. Sallie Mae will send a letter notification if you need to complete a Master Promissory Note.
- If you wish to use a lender not listed below, our electronic process will not be fully available to you. You will need to know your lender code and will need to enter it in the MPN in Open Net. Please check with your lender, prior to completing your loan application, to ensure that your lender will continue to participate in the FFEL program with WVSU. In some cases your lender choice may mean that you will need to do a paper loan application. Your loan funds will come to the school via paper check and the Cashier's Office will notify you of availability.
If you use one of the lenders with whom we communicate electronically, Dollar Bank, Fifth Third Bank, Nellie Mae, Sallie Mae Education Loan Trust or Student Loan Funding, and the guarantor, United Student Aid Funds, you will need to complete the MPN only one time.
If you prefer not to use the E-sign process with Open Net, then print the MPN, and sign and date it, and return it to the lender at the address in the upper right corner of the MPN. If you cannot print the MPN, you can save it and print it later or can save it and call toll free at (888)-2SALLIE (888-272-5543) and request that one be printed and mailed to you. To manage your loans with Sallie Mae: manageyourloans. To access all of your loans through the National Student Loan Data System: National Student Loan Data System.
