Direct PLUS Loan borrowers

Financial aid

Direct PLUS Loan borrowers

Direct Loan borrowers

Complete requirements to receive your loan. 

If you are a first-time student Direct Loan borrower, you must complete a Direct Loan Master Promissory Note. The easiest way to fulfill this requirement is online. After you successfully complete the Direct Loan MPN online, it remains on record with the loan servicer and links with all student loans submitted. If you are unable to complete a Direct Loan MPN online, you may request a paper version from SCAD.

First-time loan borrowers

Entrance loan counseling for all first-time student loan borrowers 

This requirement should be fulfilled online well in advance of the first anticipated disbursement of your student loan funds. 

To fulfill the entrance loan counseling requirement online: 

  • Sign onto the website (you will be asked for your Social Security number, first two characters of last name, DOB, and PIN #).
  • Select the appropriate link to 'Complete Entrance Counseling.'
  • You will be directed to simple instructions and prompted to click on the link 'Complete Entrance Counseling.'
  • Select the type of Entrance Loan Counseling-undergraduate or graduate.
  • Read all of the information carefully; the questions on the online quiz will thoroughly test your understanding of the subject matter.
  • Before completing Entrance Loan Counseling, you will be required to review your Borrower Rights and Responsibilities. Print a copy for your records and return to your Entrance Loan Counseling session.
  • Select Submit and you have completed Entrance Loan Counseling. You may print a completed Counseling Verification Page for your records.
  • SCAD is notified electronically of your successful competition of Entrance Loan Counseling.

If you are unable to complete this requirement online or you would like additional information on this subject, please contact your adviser. It is important to the Department of Education, as well as SCAD, that students understand the terms of student loans to which they obligate themselves. The entrance loan counseling requirement should be fulfilled well in advance of the first anticipated disbursement of your student loan funds.

Direct PLUS Loan borrowers

The first step for parents* or graduate-level students interested in Direct PLUS Loans is to complete the online PLUS Request Process. Once you receive your positive credit decision you may need to complete a Direct PLUS Loan MPN as well. A Direct PLUS Loan MPN is required for: 

  • All first-time Direct PLUS Loan borrowers
  • Prior-year borrowers who completed a Direct PLUS Loan MPN but required an endorser. Loans with endorsers require a promissory note for each loan.

Graduate-level students must also complete Direct PLUS Loan entrance counseling. 

The Direct PLUS Loan MPN is available online, and links only to loans with a positive credit decision. The parent borrower who completed the application for the PLUS loan must also be the one to complete the Direct PLUS Loan MPN. If the parent borrower is unable to complete the Direct PLUS Loan MPN online, he or she may request a paper version from SCAD. 

Completing a Direct Loan or Direct PLUS E-MPN 

  • Sign onto the website (you will be asked for your Social Security number, first two characters of last name, DOB, and PIN #).
  • Select the appropriate link to 'Complete Master Promissory Note.'
  • Select the type of loan you would like to receive - Direct Loan MPN for students, Grad PLUS MPN for graduate students, or PLUS MPN for parents.
  • Read all of the information carefully; this information discloses guidelines about borrowing money.
  • Complete all sections of the E-MPN: Personal Information, Personal References (two), Terms and Conditions, and Review and Sign (The time and date of your signature will be recorded and made part of your completed MPN).
  • After signing the E-MPN, you may review your Master Promissory Note by clicking the Review Master Promissory Note link.  Once you have reviewed your MPN, close the document. Then click the 'Submit' button to send the E-MPN to the Department of Education. (Neither the DOE nor SCAD accepts paper copies of the E-MPN).
  • You will receive a message and an email that your MPN has successfully been submitted. You may print a copy for your records at this time, or you may retrieve a copy at another time by clicking on the link for Completed MPNs.
  • SCAD is notified that the borrower has the Direct Loan E-MPN on file electronically.

*Eligible parent borrowers include biological/adoptive and stepparents (must be listed on the FAFSA). 

Parent PLUS borrowers can elect to have any excess funds refunded to the student through the E-MPN. (The paper authorization form has precedent over the E-MPN.)