How can I get a Stafford Loan?

Students need to apply for need-based federal student aid by completing the Free Application for Federal Student Aid (FAFSA) (http://www.fafsa.ed.gov) annually. The FAFSA will determine a student's "Expected Family Contribution (EFC)" towards his or her college education for that year and their eligibility for a Stafford Loan. After your FAFSA is processed, your school will review the results and inform you of your loan eligibility. You will sign a promissory note, a binding legal document that lists the conditions under which you're borrowing and the terms under which you agree to repay your loan. When applying through your school, remember to use SLFC's lender number 833405.