Choosing Your Federal Stafford Lender
Loyola Law School
Loyola offers a streamlined loan application process through preferred lenders.
Through this process information from the student's aid application is
transmitted electronically when a student accepts an offer of
Federal Stafford Loan and selects the streamlined process. The
Guarantor
sends the student a
partially completed application / promissory note. Students complete and sign
this application / promissory note and return it to the Guarantor for
processing. After a loan has been guaranteed, participating lenders send the
funds by electronic funds transfer and the funds are credited to the student's
account. By using this process students avoid the extra steps of obtaining a
loan application from a lender and of picking up a check and depositing it to
their student account.
Unless you notify us in writing, we will assume that students who have used the
streamlined process in the past want to continue in the program with the same
lender. This form should only be completed by students using the streamlined
program for the first time.
Site Address:http://www.loyno.edu/financialaid/index.htm