Student Financial Aid Office
 Loans

Direct Loan

• Entrance Counseling
• Exit Counseling
• Sign Electronic Multiple Year Promissory Note (e-MYP)

Federal Perkins Loans

• Entrance Counseling
• Exit Counseling
• Sign Master Promissory Note

Federal Direct Loans

The William D. Ford Direct Loan is the primary loan program utilized by CSI students.  To apply you must complete the loan application provided by CSI, be matriculated, carry at least six credits each term, and file the FAFSA. CSI does not participate in the Stafford Loan Program sponsored by the banks.
All first-time CSI borrowers are required to complete Entrance Counseling at www.dlssonline.com, take and pass the exam, and print out the results. Next, click "Important Forms" on the left, and print out a Direct Loan Application.  Complete the Direct Loan Application and mail the form and exam results to: CSI, Office of Financial Aid, 2800 Victory Blvd., Bldg. 2A -Room 401, Staten Island, NY, 10314. 

Direct Loans can be either subsidized or unsubsidized, and the variable interest rate is guaranteed to go no higher than 8.25%.  Subsidized loans are based on financial need and no interest is charged as long as you maintain continous half-time enrollment.  Unsubsidized loans are not need-based and interest is charged to you from the time the loan is disbursed. Repayment of Direct Loans begins six months after you graduate, withdraw from school or drop to less than half-time status. 
New! Apply on E-FAP using the interactive Direct Loan Application!

Direct PLUS Loans allow parents with good credit ratings to borrow up to the cost of their child's education, minus any financial aid the student is receiving.  These loans are not need-based, but students who have parents wishing to take a PLUS Loan must file the FAFSA. Direct PLUS Loan Applications are available directly from the Office of Student Financial Assistance or in "Printable Forms" on the left .

Federal Perkins Loans

Perkins Loans are low-interest loans available to students who have completed at least 28 credits and have exceptional financial need.  You must file the FAFSA to be considered for a Federal Perkins Loan, and answer "Yes" to the FAFSA question, "Are you interested in student loans?"