The CTS Federal Direct Stafford Loan Process

• A Stafford Loan is listed on the Financial Aid Award Notification which you receive from the Financial Aid Office.
• You return the Loan Information Form to the Financial Aid Office. 
• The Financial Aid Office originates your loan and transmits that information to the Department of Education. 
• You complete the on-line  Master Promissory Note (MPN) and submit to the Department of Education via the web.  Be sure to print a copy of the MPN for your file. 
• The Department of Education sends your loan funds to the Christian Theological Seminary Business Office. 
• The Financial Aid Office checks your enrollment status to confirm that you are still enrolled on at least a half-time basis. 
• The Business Office credits the loan funds to your account. 
• The Business Office mails any remaining funds to you.