Steps to Complete Loan Process

  1. Students accept loans in their MySJSU - Instructions to Accepting  a Federal Direct Stafford Loan.
  2. Students will be directed to complete Entrance Loan Counseling and Master Promissory Note within 3-5 days of accepting their loans:
    • Entrance Loan Counseling (ELC). First time student loan borrowers at SJSU, must complete the on-line ELC session prior to receiving their first loan disbursement. There are no exceptions to this federal requirement. Make sure San José State is selected as your school when completing ELC.
    • Master Promissory Note (MPN). Students MUST eSign the MPN prior to receiving a loan disbursement (must be signed every 10 years).