Apply for a loan online/complete your promissory note
- Explore Your Options: Choosing the right education loan or combination of loans is an important first step in the loan application process. Explore your options on the VSAC loan information pages.
- Start Early: After you’ve received your financial award from your school, we recommend you begin the loan application or credit pre-approval process. Starting the process early helps assure that loan funding is approved before classes begin.
- Get Started: See the chart below to see if you can apply online and if credit pre-approval is needed.
Important: You may not apply for a loan or use credit pre-approval on behalf of another person. Doing so will result in an invalid application. This will delay loan approval.
| Loan Type | Credit Pre-Approval | Apply for a Loan |
|---|---|---|
| Stafford | No credit evaluation is required | Apply online: Submit one application to pursue subsidized and unsubsidized Stafford loan.
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| Parent PLUS & Grad PLUS | Use Online Credit Pre-approval if you’d like to confirm your credit eligibility before applying.
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Apply online: A credit evaluation is part of your online application process. Complete your application online and you can confirm your credit eligibility at the same time.
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| VSAC Advantage* |
Students: Loan approval is based on your cosigner’s credit. Please ask your cosigner to obtain online credit pre-approval. Cosigners: Use the Online Credit Pre-approval to check your credit eligibility and request an application for you and your student.
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Students: Contact VSAC at 800-226-1029 or 802-655-4050 for an application for you and your cosigner. Cosigners: Request an application for you and your student when you complete an Online Credit Pre-approval. |
*Applications and cosigner credit pre-approval must occur by 12/18/09 and final loan approval must be received by 12/30/09. Funds for VSAC private loans are limited. All funds could be expended before 12/30/09. VSAC cannot guarantee availability of funds until final loan approval.
