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Federal Direct Loan Instructions

Students are encouraged to learn more about the Direct Loan Program by visiting http://direct.ed.gov/student.html

If you plan to borrow from the Direct Loan Program, please follow the instructions below as soon as possible.

STEP 1: Complete Entrance Loan Counseling

Visit https://studentloans.gov Click "Sign In" using Student's Federal Student Aid PIN "Complete Entrance Counseling" Prior to borrowing, you must complete an interactive counseling session that helps you to understand your loan responsibilities and provides tools to help you develop a budget for managing educational expenses.  Entrance counseling may take 20–30 minutes to complete and requires your Federal Student Aid PIN (used to complete your FAFSA).

STEP 2: Complete Master Promissory Note

Continue by clicking "Complete Master Promissory Note" The Master Promissory Note (MPN) is a legal document in which you promise to repay your loan and any accrued interest and fees to the Department of Education. The MPN also offers details on the terms and conditions of the loan. Completion of the MPN may take up to 30 minutes and requires the following: The names, addresses, and phone numbers of two references Your driver’s license number (if applicable)

Loan Process Overview

• The U.S. Department of Education will notify Notre Dame after you have completed entrance counseling and signed your Master Promissory Note.
• Beginning in June, Notre Dame will confirm your loan eligibility with the U.S. Department of Education.
• You will receive a disclosure statement from the U.S. Department of Education providing specific information about your loan, including loan amount, fees, and the expected disbursement dates.
• The two steps above should be completed by the middle of June for your loan disbursements to be credited to your University account for the start of the fall term.
• The Office of Financial Aid will notify you via email when your Direct Loan funds have been disbursed to your University account.
• Loan applications cannot be processed after the academic year ends or if the student ceases to be enrolled at least half-time.

If you have any questions regarding the application process, please contact our office.

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University of Notre Dame - Office of Student Financial Services
Meet the Office of Student Financial Services Staff

Financial Aid	Student Accounts
115 Main Building	303 Main Building
Notre Dame, IN 46556	Notre Dame, IN 46556
Phone: 574-631-6436	Phone: 574-631-7113
Fax: 574-631-6899	Fax: 574-631-7117
finaid@nd.edu	stdacct@nd.edu
Request an appointment!

Student Employment

115 Main Building

Notre Dame, IN 46556

Phone: 574-631-6454

Fax: 574-631-6899

stdempl@nd.edu

The University of Notre Dame does not discriminate on the basis of race, color, national or ethnic origin, sex, disability, veteran status, or age in the administration of any of its educational programs, admissions policies, scholarship and loan programs, athletic and other school-administered programs or in employment.