LOAN INFORMATION FOR UNDERGRADUATE STUDENTS

Please carefully read all instructions listed below to determine the steps you are responsible for taking for each loan type you have been offered (as listed on your award notification). 

Click directly on the corresponding loan type below (such as Federal Stafford Loan) for information regarding terms and conditions of any loan type offered. You will then be directed to another web page that includes important consumer information for that loan program.

Federal Stafford Loan (Subsidized and/or Unsubsidized)

If you are a new Federal Stafford Loan borrower then you will need to select a lender and complete the Federal Stafford Loan Master Promissory Note (MPN). You must also complete the required Stafford Loan Entrance Counseling. When you click on the link below to continue the application process, you will be directed to complete the entrance counseling.

If you are a returning student with a Stafford Loan MPN already on file with your lender, then we will automatically request from your lender the amount on your award notification unless you specify a lower amount. You do not need to re­apply with your lender. You may decline or reduce your Federal Stafford Loan by sending an e-mail to loans@vanderbilt.edu.

Read more about the Federal Stafford loan application process.

Federal Perkins Loan

If you are a new Federal Perkins Loan borrower then you will need to complete the Federal Perkins Loan Master Promissory Note (MPN). We will mail the MPN and the related paperwork to your home address prior to the beginning of the fall semester. If your financial aid package is completed after school begins then the paperwork will be mailed to your local address.

If you are a returning student with a Perkins Loan MPN already on file, then you do not need to re-apply. Once you have completed the required paperwork, you will automatically be approved for the amount indicated on your award notification unless you specify a lower amount. You may decline or reduce your Federal Perkins Loan by sending an e- mail to loans@vanderbilt.edu.

Vanderbilt University Student Loan Program

We will mail the promissory note, the co-maker note, and the related paperwork to your home address prior to the beginning of the fall semester. If your financial aid package is completed after school begins then the paperwork will be mailed to your local address. Please return all required paperwork to the Office of Student Financial Aid. You may decline or reduce your Vanderbilt University Student Loan by sending an e-mail to loans@vanderbilt.edu.

Vanderbilt Education Loan Program

Find out more information about the Vanderbilt Education Loan application process. Please return all required documentation to EdFinancial Services. You may decline or reduce your Federal Perkins Loan by sending an e-mail to loans@vanderbilt.edu.