In accordance with federal regulations, all first-time borrowers of Federal Direct Loans and Graduate PLUS must also complete an entrance counseling session at studentloans.gov. During this counseling, you will cover the terms of the loan as well as your rights and responsibilities when borrowing from the Federal Direct Loan/Graduate PLUS programs. Federal student loans cannot be credited to a student’s account until an entrance counseling session has been completed.
To complete your entrance counseling at studentloans.gov, sign in using your federal PIN.
All Federal Direct Loan borrowers must complete an electronic master promissory note (MPN). A separate MPN must be completed by PLUS and graduate PLUS borrowers.
The MPN is a legal document in which you promise to repay your loan(s) and any accrued interest and fees to the U.S. Department of Education. It also explains the terms and conditions of your loan(s). You can borrow additional Direct Loans on a single MPN for up to 10 years.
To complete your MPN at studentloans.gov, sign in using your federal PIN.
In accordance with federal regulations, students who withdraw, drop below 6 credits or graduate, must complete an exit counseling session if they have received a Federal Stafford, Federal Direct Loan, Federal Graduate PLUS loan, Federal Perkins Loan or a Federal Nursing Student Loan. Different exit counseling sessions are required dependent upon the type of loan(s) you received. The exit counseling session(s) will provide you with your loan history, and will inform you of your repayment options.
Federal Direct Stafford Loans and Graduate PLUS Loans
Federal Nursing Student Loans, Federal Perkins Loans or Federal Nurse Faculty Student Loans