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Student Loan Borrowers:
First-time student loan borrowers must complete a Direct Loan Master Promissory Note (MPN).  Students can sign their MPN on-line at https://www.studentloans.gov.  Students must have their FAFSA PIN number to complete their MPN. 

For loans disbursed on or after October 1, 2014, the benefits for the student loans are listed below:

Loan Type
Fixed Interest Rate
Origination Fee
Interest Rebate
Servicing Center
Subsidized
4.66%
1.073 %
0%

800-848-0979

Unsubsidized
4.66%
1.073%
0%
800-848-0979

Federal Parent (PLUS) Loan
Parents of dependent students are able to borrow money in the parent’s name for their student to attend college.  Parents- If you would like to apply for a PLUS loan, please use your FAFSA PIN number to sign in at https://www.studentloans.gov.  The U.S. Department of Education will perform a credit check and will notify you of their decision.  If you are approved for the PLUS loan, a Master Promissory Note is required. 

Fixed Interest Rate
Origination Fee
Interest Rebate
Servicing Center
7.21%
4.292%
0%
800-848-0979

State Tech's Student Loan Practices Code of Conduct






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