After you Apply - Loans

If you are a new borrower, you select a lender from the following Lender List, or from the expanded drop down box on your loan award in the "Financial Aid Self Service" channel on the "Money Matters" tab of the my.calpoly.edu portal. If you do not see the lender you wish to use, contact the Financial Aid Office with the lender name and code.

Master Promissory Note (MPN)

Once you have accepted your loans and selected a lender, EdFund will email you instructions on how to complete your MPN.

Entrance Counseling

Federal regulations require that schools confirm completion of entrance counseling prior to loan disbursement. You can complete this requirement online at EdFund .

Disbursements

The Student Accounts Office is responsible for disbursing financial aid and scholarship checks. Allowable charges (fees, room, board, etc.) will be deducted from your financial aid funds.

Financial aid refund checks are mailed to the student's mailing address. Checks are not available until all paperwork is submitted, reviewed and finalized, and you are enrolled in the expected number of units the first day of each quarter. A quicker, more efficient way to receive your financial aid refund is to sign up for direct deposit . Contact the Student Accounts Office to have your checks directly deposited into your bank account.

PLUS Loans

Refund of money in excess of Cal Poly charges will be sent to the parent unless the parent requests the refund be given to the student. Click here for a PLUS Borrower Authorization form.

  Cal Poly Financial Aid Office
  Administration Building, Room 212
  San Luis Obispo, CA 93407-0201