Direct Loan "Exit" Counseling *Required
Direct Loan "Exit" Counseling is REQUIRED for Direct Loan borrowers (Subsidized and/or Unsubsidized) who are graduating or dropping below half-time enrollment. This counseling session, which is on the U.S. Department of Education's Direct Loan Servicing site (helps borrowers understand their rights and responsibilities in repayment. You must use your Department of Education FSA ID to access this counseling session.
Click here to view the "Exit Counseling Guide for Direct Loan Borrowers"
Direct Loan "Entrance" Counseling *Required
Direct Loan "Entrance" Counseling" is REQUIRED for first-time Direct Loan borrowers (Subsidized and/or Unsubsidized) who are first-year students.This counseling session and quiz, which is on the U.S. Department of Education's Direct Loan Servicing website, helps students develop a budget for managing educational expenses and helps borrowers understand their loan responsibilities.
Note: You must complete the counseling before your loan will be disbursed to you.
Federal Direct Loan Online Master Promissory Note (MPN) *Required
Before you begin the online MPN process, please make sure to have the following information available to you. Having the information available prior to the online MPN application will help you complete the process successfully.
- Your FSA ID issued to you by the Department of Education.
- Your Social Security number
- Your driver's license number
- Your permanent address and telephone number
- Information for two references, including; name, addresses, and telephone numbers
Please note: The MPN must be completed before loan funds are able to be credited to the student bursar account. All loan proceeds can disburse no earlier than 10 days before the start of classes.
Borrowers can review Direct Loan, Perkins Loan, and Federal Grant history through secure login to the National Student Loan Database. This site is created to collect information from schools and lenders so that aid can be more efficiently processed. It is updated every 30-60 days by the schools and the lender, so recent disbursements may not show immediately.
Note: Information regarding a student's loan amounts and loan types will be submitted to the National Student Loan Data System (NSLDS). The NSLDS allows other guaranty agencies, lenders and other authorized users to access their database
Loan Contact Information
General Information about loans and applying for them is available at:
Federal Student Aid Information Center
Information on repaying your loan
Borrowers cannot cancel a loan disbursement if the designated time period described above has already passed. Instead, the borrower can repay the loan disbursement directly by contacting the loan holder which can be found by accessing www.nslds.ed.gov. The borrower will be responsible for any interest that may have accrued and/or any loan fees.
A Direct Consolidation Loan Program is available that allows a borrower to consolidate (combine) one or more of the eligible federal education loans into one loan. For more details and information, go to studentloans.gov.