Instructions for Master Promissory Note (MPN) & Entrance Counseling

The Master Promissory Note (MPN) serves as the official legal document for the lender.  By signing an MPN the student is authorizing the lender to provide student loan funds as well as promising to pay those funds back to the lender at the appropriate time. The MPN is valid for 10 years.  Therefore this step needs to completed only once for each student (as opposed to the FAFSA, which needs to be renewed annually).

How do I complete an MPN?

1. Go to https://studentloans.gov
2. Click on “Sign In”
3. Log-in with the same information used for the FAFSA (if you do not have your 4-digit PIN, you can request a duplicate at www.pin.ed.gov)
4. Click on “Complete Master Promissory Note”
5. Click on “Subsidized/Unsubsidized”
6. Complete each required step and submit the completed form.

How do I complete the Entrance Counseling?

1. Go to https://studentloans.gov
2. Click on “Sign In”
3. Log-in with the same information used for the FAFSA (if you do not have your 4-digit PIN, you can request a duplicate at www.pin.ed.gov)
4. Click on “Complete Counseling”
5. Click on “Entrance Counseling”
6. Select the school to be notified “Standard Healthcare Service, College of Nursing”
7. Complete each required step and submit the completed form.

Application Process Complete?

There are no further application steps required to obtain student loans once the following steps have all been completed:

1. The FAFSA
2. Loans have been accepted through the Award Letter
3. Master Promissory Note (MPN)
4. Entrance Counseling

***Important Step*** 

Please e-mail the Financial Aid Office at Standard College to inform us that you have completed both the Master Promissory Note (MPN) & Entrance Counseling forms. You can attach the pdf. or confirmation page to this e-mail. financialaid@standardcollege.edu

Master Promissory Note

Information you will need to enter:

• Personal Information
• Permanent Address
• Mailing Address (if different from permanent address)
• Telephone Number
• Email Address
• Employer Information
  • Employer Name
  • Employer Address
  • School Name
  • Reference Information for two people with different U.S. addresses who have known you for at least 3 years. The first reference should be a parent or a legal guardian.
    • Name of each reference
    • Address of each reference
    • Email address for each reference
    • Telephone number of each reference
    • Relationship of each reference to the student

Entrance Counseling

Useful Information to Have:

• Any details on your income, financial aid, and living expenses. Some of this information can be found in:
• Your student account information
• A copy of the award letter from your school’s financial aid office (if you have received it)
• A listing of the tuition and fees for your school.