Stafford Loans

Important Information About the Direct Stafford Loan Program

All first-time Direct Loan borrowers at La Roche University must complete an Entrance Counseling Session before loan funds can be disbursed.

All first-time Direct Loan borrowers must also complete and sign a new Master Promissory Note (MPN). Loan funds cannot be disbursed until the MPN has been completed. Generally, the MPN will be valid for 10 years and in most cases, a new MPN will not be required for subsequent years. 

Both of the above two requirements can be completed online at www.studentloans.gov. You will need to sign in on this site using your FSA ID. 

Parent or Graduate PLUS Loan Borrowers 

PLUS loans can cover the student's balance. Credit worthy parents and credit worthy graduate students may borrow up to the cost of attendance minus any other aid the student is eligible to receive. Parents wishing to borrow a Parent PLUS loan for their DEPENDENT student or graduate students wishing to borrow a Graduate PLUS loan are advised to wait until the student receives their bill to determine the exact amount of funds needed and should not apply before June 1. Funds should be requested for both the fall and the spring semesters so that the funds will be split equally between the fall and the spring semesters. The student’s financial aid award letter will include more detailed instructions.