Student Loans

Saint Mary’s University of MN participates in the Federal Family Education Loan Program (FFELP). We have provided an electronic lender listing and loan comparison chart for your convenience. Please click on the link listed below for further information. You will then be taken to Great Lakes Higher Education’s website to complete your loan information. Most of the lenders and loan products are disbursed and guaranteed through Great Lakes Higher Education. 

You can view and apply for the following loans on this website: Federal Stafford Loan, Parent PLUS Loan, Graduate PLUS Loan and Private Loans. When you are on this website, please click on the appropriate tab of the loan type you wish to apply for.

Please note: if you are applying for a Federal Stafford Loan, please refer to your financial aid award letter which will state the maximum dollar amount and semesters you have been awarded.

Electronic Lender List and Loan Comparison Chart

Exit Counseling

The Federal Stafford Loan Exit Counseling link is used when a student has borrowed in a Federal Loan Program and has dropped below half-time status (please see definition below). It is mandatory that this counseling information be completed by students in order to receive their rights and responsibilities of repaying their loans.

Federal Stafford Loan Exit Counseling

Half-time status is defined as the following:

1. Graduate students must maintain the following:
   -a minimum of 4 credits per term or an equivalent to this
   OR
   -if you are registered by a learning contract you must maintain one credit per month of your contract (example: 7 month contract must have at least 7 credits in order to be half time).
2. Undergraduate students must maintain the following
   -a minimum of 6 credits per term