Once you have accepted a Federal Direct Loan, don’t forget to review your financial aid status. Complete any missing disbursement requirements, including the Master Promissory Note and Loan Counseling, so we can process your loan.
Direct Loan Master Promissory Note
You must complete and electronically sign a Master Promissory Note (MPN) for any Direct Loan. This is your agreement with the U.S. Department of Education that you will repay your loan. When completing your MPN, you will need to have the contact information for two references.
Direct Loan Entrance Counseling
Entrance Counseling is required to receive Direct Loan funds and provides you important information about the loans, including the rights and responsibilities associated with them.
Direct Loan Exit Counseling
This must be completed when you withdraw, graduate, or drop below half‐time attendance (even if you plan to transfer to another school). This is designed to help you understand your rights and responsibilities as a student loan borrower, including repayment.
You can complete these requirements through the Federal Student Aid site by following the steps below:
- Go to Federal Student Aid’s StudentAid.gov.
- Login by entering your FSA ID username and password.
Find the pages to complete the MPN and Entrance/Exit Counseling using the direct links under the dropdown menus or through the search feature.