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Stafford Loans must be accepted to be received. Loans not accepted within 30 days of the
date of award, or the beginning of the semester whichever is latest, may be cancelled. Fall only loans must be accepted 30 days before the last day of fall classes. Spring only and academic year loans must be accepted 30 days before the last day of spring classes.
To accept loans login to my.csufresno.edu
Instructions
First time freshmen and first time loan borrowers at California State University, Fresno are required to sign a Master Promissory Note (MPN) to receive their funds. The instructions for completing the MPN will be sent to your CSUF email account by EDFund (the state loan guarantee agency). You will need to have your FAFSA "PIN" number available to finalize the process electronically.
The following link provides important information about loan amounts and totals by student type and grade level
THE MARY E. MCGARRY STUDENT LOAN FUND
Through a generous gift from the estate of Mary E. McGarry, the Fresno State Foundation holds an endowment that is dedicated to providing student loans to financially needy, full-time Fresno State undergraduate or graduate students majoring in a field within either the College of Agricultural Sciences and Technology, or the Craig School of Business.
In order to be considered for a Mary E. McGarry student loan, you must first fill out and submit online a FAFSA (Free Application for Federal Student Aid) form. In addition, you must fill out a Mary E. McGarry loan application form, the link for which is immediately below. The deadline for completing the FAFSA form and submitting this application to the Financial Aid Office is July 31, 2009 if you are requesting a loan for the 2009-2010 academic year or just the Fall 2009 semester, and December 15, 2009 if you are requesting a loan for just the Spring, 2010 semester. You must be enrolled in a minimum of twelve (12) units as an undergraduate student or eight (8) units of 200 series classes as a graduate student, before submitting your Mary E. McGarry loan application to the Financial Aid Office.
The interest rate for a Mary E. McGarry student loan is five percent (5%) simple interest. The maximum amount that a student may borrow is Four Thousand Dollars ($4,000) per year ($2,000 per semester) for a maximum allowable cumulative amount of Sixteen Thousand Dollars ($16,000). All loan proceeds and accrued interest shall be fully due and payable no later than five (5) years after you cease to be enrolled as a full-time student at Fresno State.
McGarry Student Loan Fund Application
Federal regulations require that all new Stafford loan applicants attend a loan entrance counseling workshop; attendance is mandatory if you wish to receive Federal Stafford Subsidized or Unsubsidized Loans.
You are not required to attend if you have already attended a workshop at Fresno State and your “Entrance Interview” form is on file in the Financial Aid Office, or if you have Stafford loan history at another college campus since 1987. (Perkins Loan history does not fulfill this requirement.)
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