Entrance/Exit Counseling

Guidance can help you realize every detail for the loan contract and covers topics like:

When you should begin repaying your loan

The price of interest

Effects of neglecting to repay your loan

All borrowers must finish Entrance Counseling , starts in a window that is new the Direct Loan system regardless of any past entry guidance for any other loans.

When you have past loans you also needs to complete Exit guidance given by the school that granted your past loans.

Once you graduate, become a not even half time pupil, or discontinue going to classes, you need to complete Exit Counseling on-line , opens in an innovative new screen .

Master Promissory Note

A Master Promissory Note may be the appropriate agreement you promise to repay the loan between you and the lender by which. Signing a MPN could be the step that is first accepting an immediate Loan from your own educational funding Award Letter. A MPN might be signed on-line at (opens in a new screen)

What to know before signing the Loan that is direct E-MPN

your FSA ID (PDF), opens in an innovative new window , starts in a brand new screen

you may be an UNDERGRADUATE while attending NCSC

you might be doing an E-MPN for Subsidized/Unsubsidized loan. (Not a Graduate PLUS or Parent PLUS)

Informed Borrowing Confirmation/Annual Education Loan Acknowledgement

Federal Requirement that every pupil and parent borrowers see just how much they presently owe in federal student education loans, also to acknowledge they have seen this quantity before a college will make an initial disbursement for the first Direct Loan that a pupil or moms and dad borrower gets for every award year that is new.Continue reading→