• Stafford Loan Entrance Counseling
• Stafford Loan Exit Counseling
• Stafford Loan Lender List
• Perkins Loan Entrance Counseling
• Perkins Loan Exit Counseling
• Alternative Lending Options

A variety of education loans programs are available to college students, including Federal Stafford Loans as well as non-federal, alternative loans offered by various banks and lending groups.

To be considered for Federal Stafford Loans, a student must first complete the Free Application for Federal Student Aid. After our office has received the FAFSA results and confirmed a student's Stafford eligibility, we will mail a financing packet that includes the necessary paperwork for securing the loan.

Included in the packet will be a promissory note on which the student will specify a lender to fund the loan. St. Edward's maintains a list of Stafford lenders which provide a high level of customer service and offer competitive repayment benefits for responsible borrowers. In addition to the promissory note, all new Stafford loan borrowers at the university must also complete a Entrance Counseling session, as required per federal law. This online session familiarizes students with the terms and conditions of the Stafford loan program, as well as their rights and responsibilities as loan borrrowers.

• Subsidized Stafford Loans are need-based. The federal government will pay interest on the loan while the student is enrolled in a degree-seeking program at least half-time and during the grace period before repayment begins.
• Unsubsidized Stafford Loans are available to students who do not qualify for subsidized loans. With an unsubsidized loan, the borrower is responsible for the interest which accrues during periods of enrollment as well as repayment.

lf you are a new Stafford loan borrower, you can fulfill this requirement by completing the On-Line Stafford Loan Entrance Counseling Session sponsored by Mapping Your Future, Inc., which will notify our office by e-mail once you have successfully completed the session.

If you are a Stafford loan borrower who will be graduating at the end of the semester, you should complete the On-Line Stafford Loan Exit Counseling Session sponsored by Mapping Your Future, Inc. Our office will be notified by e-mail once you have completed the session.

Please note that your diploma will not be released until an exit loan session has been completed.

Federal regulations require new Perkins loan borrowers to complete a Debt Management Session before they can participate in the Perkins Loan program.

If you are a new Perkins loan borrower, you can fulfill this requirement by completing the On-Line Perkins Loan Entrance Counseling Session sponsored by Mapping Your Future, Inc. Our office will be notified by e-mail once you have successfully completed the session.

All Perkins loan borrowers must complete an Exit Loan Counseling Session before they graduate or cease to be enrolled at least half-time (6 credit hours).

If you are a Perkins loan borrower who will be graduating at the end of the semester, you should complete the On-Line Perkins Loan Exit Counseling Session sponsored by Mapping Your Future, Inc. Our office will be notified by e-mail once you have completed the session.

St. Edward's maintains information on a number of alternative loan programs. Generally, these loans are deferrable while the student is enrolled in school at least part-time. Additionally, these loans do not require a student to complete a need analysis document (the Free Application for Federal Student Aid), although they do require the completion of a loan application/promissory note.

To apply for one of the following loans please go online or call the toll free number associated with the loan. Please DO NOT return any paper work associated with these loans to the Student Financial Services Office. If you need to turn in documents such as a signed application submit them DIRECTLY to the lender. We can not be held responsible for alternative loan documents turned in to our office! For more information regarding these various alternative loan programs please contact our Alternative Loan Coordinator at 512-233-1616 or follow the links below: