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Financial Aid Award Completion

Now that you have accepted your financial aid award, please follow the instructions below under the “Steps Required to Receive My Student Loan(s)” by completing your loan entrance counseling and e-signing your Master Promissory Note (MPN).

NOTE: You must complete this step or your loans will not process!

 

Steps Required to Receive My Student Loan(s)


You will need your federal PIN to complete the following steps:

  1. All students accepting Stafford or Grad Plus Loans are required to complete Direct Loan Entrance counseling. To complete this counseling, go to https://studentaid.gov/. Entrance counseling is required before the funds from your loans will post to your account at LMU. If you have questions or need assistance with this step, you may contact Direct Loans at 1-­800-­848-­0979.  

  2. All students receiving a loan for the first time at LMU-­‐CVM must complete a new Master Promissory Note for each type of loan accepted. Students accepting both Stafford and Grad Plus Loans MUST COMPLETE SEPARATE MPN’S FOR EACH type of loan. Go to https://studentaid.gov/ and choose Subsidized/Unsubsidized MPN, then proceed as instructed. If you are also accepting a Grad Plus Loan, go back to the “MPN Type Selection” page, choose PLUS and proceed as instructed. If you need assistance with the eMPN or have questions, you may contact an agent at 1-­800-­557-­7394.  

 

*NOTE: LMU must receive confirmation of both your Federal Direct Stafford Loan Entrance Counseling and Master Promissory Note(s) before a loan is finalized and before you can use loan funds to enroll.