Office Of Scholarships & Financial Aid
1201 S. State Street,
CSS 101,
Big Rapids, MI 49307
First Time Borrowers must complete two one-time requirements, as well as a new annual requirement before a federal student loan can pay toward their student account:
Entrance Counseling is a tutorial that tells you all of the important details you need as an informed borrower - including interest rates, fees, and repayment information.
The Master Promissory Note (MPN) is your legal contract to repay the government once you graduate or drop below half-time attendance.
Annual Requirement - ALL Federal Loan Borrowers must complete the Annual Student Loan Acknowledgement each academic year before a federal direct loan can be paid. This applies to undergraduate borrowers, parent borrowers for the Parent PLUS loan, and Graduate borrowers.
Important: You will be prompted to enter your FSA ID to complete these requirements. If you have not already created an FSA ID, please follow the instructions to create one. You will not be able to complete this counseling without an FSA ID.
If you are a First Time Borrower who has accepted a Direct Loan (Subsidized and/or Unsubsidized) or plans to, you must complete Entrance Counseling and a Master Promissory Note (MPN):
ALL Borrowers who have accepted a Direct Loan (Subsidized and/or Unsubsidized, Parent PLUS, or Graduate PLUS) or plans to, must complete the Annual Student Loan Acknowledgement each year:
Please note that missing loan requirements for Fall 2021 will not be satisfied in MyFSU until early June, 2021. If you have already completed the Direct Loan Entrance Counseling, Master Promissory Note or Annual Student Loan Acknowledgement, please disregard any missing requirement emails for these items until that time.
Click Here for Exit Counseling
Degree | Debt |
---|---|
Associate | $16,656 |
Bachelor | $23,261 |
Master | $43,121 |
Doctorate | $113,545 |