Loan entrance counseling and Stafford MPN

Student loan entrance counseling will further help you understand your rights and responsibilities as a student loan borrower and is required for all first time-borrowers at DWU. The Master Promissory Note is a legal document. You may only complete and sign the Master Promissory Note if you are the student borrower. By signing an MPN, you are agreeing to pay back any Stafford loans that you receive for your education.

Please see the instruction sheet provided by the financial aid office in completing the loan entrance counseling and MPN process.

Commonly Used Federal Stafford Loan Lenders – Students who are taking out their first Federal loan will need to go through both sessions of loan entrance counseling and Stafford MPN. This is a seamless process if you follow the “Commonly Used Federal Stafford Loan Lenders” link. The process will take approximately 20 minutes to complete.

Continuing Students – Students who have a prior Federal Stafford Loan will not have to do another Master Promissory Note if their loans have been processed with Education Assistance Corporation (EAC). However, these students will need to complete the loan entrance counseling by clicking on the “Continuing Students” link.