Direct Loans

(First-time borrowers)

You must complete 3 necessary steps to apply for your Direct Loan.  Students will need their four-digit FAFSA pin number to sign the MPN.  You can request a copy of your pin at www.pin.ed.gov if it is lost.  Students who are not able or willing to complete the e-MPN should contact the Mount’s Financial Aid Office for a paper MPN and entrance counseling.

1.      Complete the electronic Master Promissory Note (e-MPN).
2.      Complete entrance counseling.
3.      Submit the MSM Direct Loan Certification Form to the Mount’s Financial Aid Office.

INSTRUCTIONS

1.      Complete the e-MPN at www.studentloans.gov.

•          Sign in using your four-digit FAFSA pin number.
•          Click on the link for Complete Master Promissory Note
•          Follow instructions, filling in each section. 
•          If you encounter any technical problems, call 1-800-557-7394.

2.      Complete entrance counseling at www.studentloans.gov. 

•          Click on the link for Entrance Counseling.
•          Follow instructions.  Approximate time to complete is 30 minutes.

3.      Submit the MSM Direct Loan Certification Form to
         the Mount’s Financial Aid Office.

•        Obtain a copy of the Certification Form from the
         MSM Financial Aid Office 
         or download the Certification Form on the financial aid website       
•        Refer to your financial aid award letter to determine
         the maximum amount you are eligible to request
         (both subsidized and unsubsidized).
•        Complete the information on the form.  Fill in the total amount
         (subsidized and unsubsidized, if appropriate) you wish to borrow
         in the box in middle of the page.
  
         Mail or fax (301-447-5915) the Form to the MSM Financial Aid Office.