Arcadia University 2018-19 Undergraduate Student
Federal Direct Stafford Loan
Acceptance Form

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Date: 6/16/2019
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Arcadia University participates in the Federal Direct Stafford Loan Program. As such, Students will have their Stafford Loans processed directly through Arcadia University and the U.S. Department of Education. If you have not previously borrowed a Federal Direct Stafford Loan at Arcadia University, you must do the following:

  • Complete a Federal Direct Stafford Loan MPN (Master Promissory Note) at (click on complete MPN). You must have your FSA ID to do so.
  • Complete a Federal Direct Entrance Counseling Session at (click on complete Entrance Counseling).

Only matriculating students (those enrolled in a degree program) taking at lease 6 credits a semester (6 credits over all summer sessions combined suffices) can apply for a Stafford Loan. If you drop below half-time status, (6 credits) depending upon the point in the semester when this occurs, a portion or all of your loan funds may need to be returned.

If you are planning to use any portion of the amount indicated below to cover a prior semester balance, you must complete the Title IV (Federal) Authorization Form for Students, available at, under "Student Forms".

Your eligibility for loan funds will be determined based upon your enrollment at Arcadia University, the period of the loan, the educational costs for this period and the anticipated financial resources you will receive during the period of the loan. Your loan may be subsidized or unsubsidized depending upon your financial need, as determined by the FAFSA.

If your loan is subsidized, the government will pay the interest on the loan during the in-school period. If your loan is unsubsidized, the interest will accrue on the loan while you are in school. Students may choose to pay the interest quarterly during the in-school period, or capitalize the interest until repayment of the loan begins. Independent students may be eligible to borrow additional unsubsidized Stafford Loans beyond the base amount indicated (see below) provided cost of attendance warrants it.

The Stafford Loan interest rate on Stafford Loans is currently 4.45% for the 2017-18 year. The 2018-19 rates will be reset in July 2018. There is presently a 1.069% origination fee charged on Direct Stafford Loans. For example, net proceeds on a $5,500 Stafford Loan amount to $5,441 once the 1.066% origination fee is deducted.

The Stafford Loan is deferred until 6 months following graduation and the repayment period is 10 years. Please borrow wisely.

The maximum 2018-19 academic year loan amounts you may request are as follows:

Dependent Undergraduates Base Amount Additional
Freshman (0-26 credits) $3,500 $2,000 $5,500
Sophomore (27-56 credits) $4,500 $2,000 $6,500
Junior (57-86 credits) $5,500 $2,000 $7,500
Senior (87+ credits) $5,500 $2,000 $7,500

Independent Undergraduates Base
Total (Base Amount
+ Unsubsidized)
Freshman (0-26 credits) $3,500 $9,500
Sophomore (27-56 credits) $4,500 $10,500
Junior (57-86 credits) $5,500 $12,500
Senior (87+ credits) $5,500 $12,500
* Amount Requested:
* Loan Term Requested:


(215) 572-2980 • FAX: (215) 572-4049 • • TITLE IV Code: 003235