Apply! Direct Stafford Loan
1. File a 2022-2023 FAFSA.
2. Accept your Federal Direct Stafford Loan(s) via Web for Students
3. Only required for students that did NOT previously borrow a Direct Stafford loan at Siena College
a. Visit https://www.studentloans.gov/.
b. Select Sign In (You will need your FSA ID to log in).
c. Select Complete Counseling
d. Select Entrance Counseling and follow the instructions for undergraduate students.
e. Select link at bottom of page under "Next Steps" to Complete Master Promissory Note.
f. Select the Subsidized/Unsubsidized link and follow the provided instructions.
- Once you have completed the Direct Loan Application process, your loan funds (loan amount minus 1.057% loan fee) will be electronically disbursed to your Siena College student account in two installments, at the beginning of each semester.
- Important - The Federal Direct Stafford Loan is in the student's name. Therefore the MPN and Entrance Counseling must be completed by the student. When logging into the studentloans.gov website, the student will need their SSN, Date of Birth and FAFSA Pin.
-Your Federal Direct Stafford loan will not be processed by the Financial Aid Office until you have completed ALL requirements outlined above.