Financial Aid
FREQUENTLY ASKED QUESTIONS AND ANSWERS
Other Documents may be required for those students selected for verification or to validate circumstances.
How do I change the lender on my Stafford Loan?
You must notify the Office of Student Financial Support and Services if you want to change the lender on your Stafford Loan. This request must be submitted to the office, in writing, with your name, ID#, old lender, new lender, signature and date. Once we have notification that you would like to change the lender, we will have to cancel the loan and send in new certification as a new Master Promissory Note (MPN). The guarantor agency will mail you a new MPN that you need to sign and return the hard copy or sign online using your Federal PIN. We must receive this notification at least ten (10) business days prior to the first disbursement of the loan.
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dmd 12/2006