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APPLYING FOR A FEDERAL DIRECT STAFFORD LOAN
Applying for a Federal Direct Stafford loan requires just a few additional actions on your part. Follow the steps outlined below and feel free to contact your financial aid advisor if you need assistance.
1: Complete the FAFSA
Make sure that you have completed the Free Application for Federal Student Aid (FAFSA) for the 2009-10 academic year.
2: How To Accept Or Decline Your Federal Direct Student Loan
If you have been offered a Federal Direct Student Loan and want to accept or decline your loan, please follow the instructions below:
- Log into MiddleNet and under the school services tab, select:
- Enrollment Services & Financial Aid
- Financial Aid
- My Overall status of Financial Aid
- Award by Aid Year, select 2009-10
- Select Award Letter Tab
- Accept/Decline your loan
3: Complete Federal Direct Stafford Loan Entrance Counseling
Before your loan can be certified, an online loan entrance counseling session must be completed at: www.dl.ed.gov/borrower/CounselingSessions.do?cmd=initializeContext
• Under Entrance Counseling, click on Go
• Under Stafford Loan, click on Tutorial and Quiz
• Follow the instructions and take the quiz
• You will need to answer 12 of the 15 questions correctly
• At the end of the quiz, make sure you click on Middlesex Community College - Bedford
• MCC will receive confirmation that you have completed the Entrance Counseling
4: Complete the Federal Direct Stafford Loan Master Promissory Note
You will need your Federal PIN to sign your MPN online at www.dlenote.ed.gov
• Click on: Complete New MPN for Student Loans
• For MPN Type Selection, choose subsidized/unsubsidized
• Complete all 9 steps
• MCC will receive confirmation that you have completed your MPN
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