Stafford Loan ApplicationStudents attending ARCC will apply for their Federal Stafford Loan(s) online. General Loan Information A federal loan is a loan, not a grant. Before you borrow, make sure you can afford the monthly payment. You must repay the funds you borrow, any fees associated with the loan, and any interest that accures on the loan. All fees are deducted from your loan prior to disbursement, however, you remain responsible for repaying the entire loan amount. Loan Eligibility You must maintain satisfactory academic progress. You must complete EXIT Counseling prior to leaving ARCC. APPLY: Online Stafford Loan Application (Be Prepared with amount you wish to borrow and previous lender name. New borrowers will select their lender of choice when they complete the online Stafford Loan application) Remember to sign your Online Master Promissory Note (MPN) with your FAFSA PIN or you print and sign and mail your MPN to Great Lakes Higher Education. Check Loan Application Status : Fill in SS# and Password and click "Go" button.
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