Initial Loan Counseling for Federal Student Borrowers

Master Promissory Note (MPN): Borrowers of federal loans are required to sign a promissory note. Signing a promissory note informs the lender that the borrower will repay the loan and any interest accrued. The promissory note also includes imperative information regarding the terms of the loan and the rights and responsibilities of the borrower. The MPN is only signed the first time the loan is borrowed.

Entrance Counseling: Required by the federal government, entrance counseling explains the importance of repaying loan debt and being a responsible borrower. Entrance Counseling can be completed online and is only required the first time the loan is borrowed.