Stafford Loan Program

A Stafford Loan is a low-interest loan which students may borrow while attending school and then pay back once they graduate or cease being full-time students. For more information as well as instructions for applying for the Stafford Loan, click here.

The Seminary participates in the Stafford Loan Program, which is federally subsidized. It provides limited funds at a low interest rate and delayed repayment schedule to eligible students. The interest and principal repayments are deferred as long as the student remains on at least half-time status in an approved degree program and provided the loan was issued after July 1, 1987.

Students who are not financially qualified for a subsidized Stafford Loan in whole or part, may be eligible for an unsubsidized Stafford Loan. On this program, students are required to make their interest payments monthly, or they can be capitalized per a designated period of time.

The director of Student Financial Services is available to assist students and their families by providing advice and suggestions suitable for their financial status. For more information on the specific forms of financial aid available, contact the director of Student Financial Services at 800–992–0998.

Information to help you:

  • Stafford Loan FAQ – This document includes frequently asked questions, deadlines, common lender codes, and instructions for applying.
  • Stafford Loan "Must Knows" – The document relays important information about minimum requirements.
  • FAFSA – The Department of Education’s Free Application for Federal Student Aid (FAFSA) can be filled out online. The FAFSA must be filled out in order to process a Student Aid Report (used to process Stafford Loans). Each FAFSA covers one school year (example: Fall 2004/Spring 2005/Summer 2005). A new FAFSA must be completed for each school year. The school code for Dallas Seminary is G03562.
  • Loan Request Form 2009-2010 – This form must be completed each time a Stafford Loan is requested.
  • Master Promissory Note – This form is only completed the first time that you borrow at DTS.