Loan Next Steps
If you accept any portion of a Federal Direct Subsidized or Unsubsidized 工作人员ord loan, you 必须 complete a 工作人员ord Loan Entrance Interview and Master Promissory Note (MPN).
Entrance Counseling
Students who have not previously received a federal subsidized, unsubsidized loan or PLUS loan are required to complete Entrance Counseling. This will help students to understand the responsibilities and obligations that accompany federal loans.
Master Promissory Note (MPN)
A master promissory note is your promise to the federal 政府ernment that you will pay back the loan funds. You will only need to complete this MPN one time and it is good for 10 years. 然而, if you are applying for more than one student, you will need a MPN completed for each student.
After completing the 工作人员ord Loan Entrance Interview you 必须 return to the main menu on the studentaid.政府 website and select a second link in order to complete the 工作人员ord Loan Master Promissory Note. 这些都是 separate processes 这三个 必须 完成. You should receive separate confirmation pages. Failure to complete these required items will cause errors and delays. Please watch both your regular mail and check your FSU email account frequently for any changes or updates.
Parent 贷款 for Undergraduate Students (PLUS)
If your parent wishes to apply for a Parent PLUS Loan, please have him or her go to studentaid.政府 and log in as themselves. They will need their FSAID to log in. Once inside, they will need to select "Request PLUS Loan". All PLUS Loan borrowers 必须 be approved through a credit check in order to obtain this funding. The credit decision should be instant after all of the required fields have been completed, and if approved, the parent borrower 必须 then complete an MPN (Master Promissory Note) for the Federal Direct Parent PLUS Loan for Dependent Students. Parent loans cannot be processed if the MPN is incomplete. 父母 may not apply for the Parent PLUS Loan until after May 1. We recommend waiting until the bills are available in July before applying for the Parent PLUS Loan, so that you will know the amount you would like to apply for.