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Loan Lenders



Federal Direct Stafford, Parent PLUS, and Graduate PLUS loans

  • To take out a Direct Loan for the first time, you must complete a Master Promissory Note (MPN). You can complete the MPN online at the Direct Loans Master Promissory Note website: http://www.studentloans.gov. The MPN is a legal document in which you promise to repay your loan(s) and any accrued interest and fees to the Department. It also explains the terms and conditions of your loan(s).
  • To complete an MPN online, you will be required to use your Department of Education-issued PIN. If you do not have a PIN, you may request one from the official PIN site: www.pin.ed.gov. A parent borrower must also request a PIN number from the PIN site to use when completing a PLUS MPN.
  • If you are applying for a Direct PLUS for the first time as a graduate/professional student, you'll need to complete and sign a Graduate PLUS MPN that is separate from the one that you use for your Direct Subsidized and Unsubsidized Loans.

Entrance counseling

Except for parent Direct PLUS Loan borrowers, you must complete entrance counseling before the first disbursement of your loan can be applied to your account. Entrance counseling helps you to understand your responsibilities regarding your loan.

  • You can complete entrance counseling online at www.studentloans.gov.
  • Select the Question Center tab
  • Select Counseling Sessions under Tools & Planning
  • Select GO under the Entrance Counseling section

*** If you are a Graduate student and are borrowing both Direct Stafford and Direct PLUS you must complete Entrance Counseling for each loan ***

Please be aware: Student Financial Services cannot process a federal student loan after the last day of classes for any given semester.

During the loan certification process, if the number of completed credit hours differs from the student reported grade level on the FAFSA, the Federal Stafford Loan amount(s) must be adjusted accordingly.




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