Entrance Counseling and Master Promissory Note (MPN)

Required for all FIRST-TIME federal student loan borrowers

All first-time federal student loan borrowers are required to complete both an Entrance Counseling Session and sign an electronic Master Promissory Note (MPN) on the government website. Entrance Counseling takes approximately 20 minutes to complete and provides guidance to ensure student borrowers understand the responsibilities of assuming a student loan. The MPN is a promise to repay the borrowed federal loan(s), including any interest that has accrued during the deferment and repayment period. Federal loan proceeds will electronically transfer to your student account at Quinnipiac University.

Visit studentaid.gov for more information and to complete the process

Required for all RETURNING federal student loan and Parent PLUS borrowers

Per the Department of Education, as of the 2021-2022 academic year, all student and parent borrowers are now required to view how much they currently owe in federal educational loans each year, and to acknowledge this amount, before a school can disburse the Direct Loan that a student or parent borrower accepts for each new award year.

This new requirement is called the “Annual Student Loan Acknowledgment Process” (ASLA)

Visit studentaid.gov/asla for more information and to complete the process