Master Promissory Note and Entrance Counseling
Before receiving a 2013-14 Stafford Loan, borrowers must complete an electronic Master Promissory Note and complete an Online Entrance Counseling session. Entrance counseling provides useful tips and tools to help you develop a budget for managing educational expenses and also helps you understand your loan responsibilities.
Go to: https://studentloans.gov to complete the 2 required steps
Federal Direct Parent Loan for Undergraduate
Federal Direct Parent Loan for Undergraduate Students (PLUS) is a fixed 7.9% interest loan providing funds directly from the Federal government to help pay for dependent student's education. There are fees associated with this loan, and the parent is responsible for repayment of this loan. Parents can apply by going to g the Direct Loan Servicing Center. Parents applying for this loan will need to login with their pin information.
Alternative Loans (use as a last resort)
The alternative loans are designed to help you fill the gap between what your financial aid award, your federal loans, and your total education cost will be. Interest rates, application requirements, fees, and incentives will vary from lender to lender. Go to: https://www.elmselect.com/oll/SchoolLenderList/?schoolId=8171