Student loans: Stafford, Parent PLUS, Grad PLUS, and Private Student -- IMPORTANT! Changes to the Federal Student Lending Process If you are applying for a loan for the 2010-2011 academic year, please contact your school’s financial aid office for assistance. You may complete this Master Promissory Note if applying for a loan for the 2009-2010 academic year (disbursement date must be prior to July 1, 2010).