Part of your financial aid package for the 2008-2009 academic year at St. Lawrence University may include the offer of a Federal Stafford Loan (please review your 2008-2009 financial aid award notification to see if you have been offered a Federal Stafford Student Loan). The following information will assist you with the process of completing the loan application, signing your promissory note, and completing the mandatory entrance counseling. The actual application process is explained on the Electronic Federal Stafford Loan Application Instruction page.

Some important information about your Federal Stafford Loan:

• You must complete all steps outlined on the Electronic Federal Stafford Loan Application Instructions before your Federal Stafford Loan funds can be disbursed to your student account.
• You may decline or reduce the amount of your Federal Stafford Loan. If you wish to decline or reduce your Federal Stafford Loan please contact the St. Lawrence University Financial Aid Office by calling 800-355-0863, or e-mailing finaid@stlawu.edu.
• When selecting a lender, you have the option to use the lender of your choice. St. Lawrence University works with a number of lenders which offer competitive borrower benefits and customer service. To learn more about the Federal Stafford Loan program, to review St. Lawrence University's Lender Resource List, and to understand how St. Lawrence compiled this list, please visit our Federal Stafford Loan Lender Resource List. You will also be able to review the highlights of each lender's borrower benefits and customer service offerings.
• All new Federal Stafford Loan borrowers are required to complete the mandatory Federal Stafford Loan Entrance Counseling. Please log on to www.mapping-your-future.org to complete this requirement. St. Lawrence University will receive confirmation from Mapping Your Future that you have completed this requirement. Your Federal Stafford Loan funds cannot be disbursed until you complete your Entrance Counseling.

Attention Vermont Residents:

As a resident of Vermont, you have the option to borrow your Federal Stafford Loan through Vermont Student Assistance Corp. (VSAC). VSAC was created in 1965 as a public nonprofit agency to help Vermonters who want to go to college. VSAC provides grants, loans, scholarships, career and education planning, and general information. By borrowing your Federal Stafford Loan through VSAC you have access to their borrower benefits reserved for Vermonters. For more information on VSAC's borrower benefits please visit www.vsac.org, or call 800-798-8722 or 802-655-4050.

If you would like to borrow your Federal Stafford Loan through VSAC, please print a copy of a blank Master Promissory Note (MPN) from the following link: Blank MPN. It is important that you fill out the MPN completely and legibly. An incomplete and/or illegible MPN may delay the disbursement of your Federal Stafford Loan funds. Once you have completed the MPN please return it the St. Lawrence University. At that point we will certify your loan, and forward your MPN to VSAC. For reference, VSAC's lender code is 830075, and guarantor code is 750. Your completed MPN should be mailed to: