Fairleigh Dickinson University currently participates in the Federal Direct Loan Program (FFELP).
What Do I Need to Do?
Are you a
If you already have a Direct or PLUS loan and wish to renew it in 2012-13, you must accept your loans via Web Advisor and have a valid Loan Entrance Counseling and Master Promissory Note(MPN) on record. See www.studentloans.gov
Are you a
If you plan to apply for a Direct or PLUS loan for the first time, you must complete a Loan Entrance Counseling session (required of all first-time borrowers), and then the Master Promissory Note via www.studentloans.gov .
For ALL borrowers, renewing OR first-time, here are your next steps:
1) To be considered for federal aid, you must file the FAFSA each year at www.fafsa.gov.
2) First time Direct Loan borrowers must go to www.studentloans.gov to complete a Loan Entrance Counseling and Master Promissory Note(MPN)
3) Follow the directions in the Manage My Student Loan box.
4) Renewing students will need their 4-digit Federal pin number; first-time borrowers will need to apply for their PIN. If you’ve lost or misplaced your PIN, follow the instructions provided.
HAVE QUESTIONS? We’re Here to Help!
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Email: firstname.lastname@example.org (include ID# and Campus)
College at Florham Metropolitan Campus
College at Florham
Will this change my financial aid?
No, your financial aid award will not be impacted by the Direct Loan Program. It only affects how you and your family apply for a federal loan.
Can I still get a private loan?
Families can still research third-party loans through outside lenders at any time, although interest rates are typically higher and a co-signer is often needed. As one starting point, we provide a page with a listing of some private loan sources to consider and some private loan issues.
What loans are available through the Direct Loan Program?
You and your family can apply for the following federal loan programs: