I Accepted the Direct Loan. Now What?
If you accept a Direct Loan, you are required to complete an Annual Student Loan Acknowledgement, Entrance Loan Counseling and a Master Promissory Note in order for Direct Loans to pay to your Student Account.
- To complete the Entrance Loan Counseling, visit StudentAid.gov
- Log in with your FSA ID; see instructions on creating the FSA ID
- Click on drop down arrow at the top right “Complete Aid Process”
- Select Option "Complete Entrance Counseling"
- Click on Blue Start Button to the left and finish all 5 steps until you complete the counseling successfully.
To verify a completed Entrance Counseling:- Log onto StudentAid.gov with your FSA ID
- Click on the arrow to the right of your name in top right hand corner
- Select Documents
- Click on the Drop Down Arrow next to Document Type
- Select Loan Counseling
If you do not see an Entrance Counseling listed, or you completed the incorrect counseling type, complete the Entrance Counseling steps above.
- To complete the Master Promissory Note (MPN) electronic signature visit StudentAid.gov:
- Log in with your FSA ID; see instructions on creating the FSA ID
- Click on drop down arrow at the top right “Complete Aid Process”
- Select option Complete Master Promissory Note
- Select Blue Start Button for "Complete Subsidized/Unsubsidized MPN"; complete all four steps until you have submitted the promissory note successfully.
To verify a completed MPN:- Log onto StudentAid.gov with your FSA ID
- Click on the arrow to the right of your name in top right hand corner
- Select Documents
- Click on the Drop Down Arrow next to Document Type
- Select Master Promissory Note (MPN)
If you do not see a Promissory Note listed or you completed the incorrect MPN type, complete the Master Promissory Note steps above.
Once you complete the Entrance Counseling & Master Promissory Note (MPN), the Student Financial Aid Office will receive the confirmation from the Department Of Education.
Once you've accepted your federal student loans at Kent State University, there are additional requirements you must fulfill on studentaid.gov before your accepted loans can be applied to your account balance. This video will walk you through the necessary steps to complete the Entrance Counseling and Master Promissory Note (MPN).