Loan Application Procedures

Q. How do I apply for the DL Program?

A. You must complete the Free Application for Federal Student Aid (FAFSA) and check on the application that you wish to be considered for a loan. The University of Scranton will then review the application and notify you of the eligibility for the loan and the maximum amount.

Q. Will a Direct Stafford Master Promissory Note (MPN) need to be completed?

A. All new borrowers will have to sign a new electronic Federal Direct Stafford Loan Application/Master Promissory Note (MPN) . The Direct Stafford Loan process will be completed online. You can complete the MPN electronically at, under Loans & Financing Options. The MPN will be signed with the U.S. Department of Education as the lender. The MPN will only need to be signed once; as loans are requested for subsequent years, the loans will be added to your Master Promissory Note. The MPN explains the terms and conditions of your loan and is your legally binding agreement to repay your loan to the Department. Students will need the Department of Education issued PIN to complete the process.

Q. Will a Direct PLUS Master Promissory Note (MPN) need to be completed?

A. Parents of dependent Undergraduate students and Graduate students who have not previously borrowed under the DL Program will be required to complete a new electronic Federal Direct PLUS Loan Application/Master Promissory Note (PLUS MPN). The Direct PLUS Loan should be applied for the academic year. The process should begin in June. The loan cannot be applied for more than 90 days before the start of the academic year. The Federal Direct PLUS Loan application process involves two steps:

1. Federal Direct PLUS Loan Request Form.  You may complete this form online in June. Visit, click on Loans & Financing Options. Using the information provided on this form, the Financial Aid Office will originate the loan and initiate the mandatory credit check through the Federal Servicer.  

If your loan application is not approved, you will be contacted by the Federal Applicant Services (in writing) and given the option of appealing the credit decision or resubmitting the application with a credit worthy endorser.  Questions concerning your credit decision should be directed to the Federal Applicant Services at 1-800-557-7394. Each subsequent year, the parent of dependent Undergraduate students and Graduate students will need to go through a credit check and request the annual loan amount.  

2. Federal Direct PLUS Loan Master Promissory Note.  The PLUS Loan MPN allows parents of dependent Undergraduate students and Graduate students to borrow for multiple years (up to 10 years) under one note provided you do not require an endorser.  You may complete the MPN online in June. Visit, click on Loans & Financing Options.

You must have a Department of Education issued Personal Identification Number (PIN) before completing and signing the electronic MPN.  If you do not have a Federal PIN, or have lost your PIN, you may obtain one at the Federal PIN Website,

Q. Who should I contact about application questions?

A. Application questions should be addressed to the Financial Aid Office. You may email or call 1-888-SCRANTON.

Scroll to Top