How Do I Get My Loan at EKU?

For Student Subsidized/Unsubsidized Loans

Step 1:  Review and Accept/Decline Your Financial Aid Awards

All students awarded a Federal Perkins Loan, Federal Direct Subsidized/Unsubsidized Loan or Federal Work Study must log into EKU Direct to accept/decline those awards.  The following are the steps to take to review your awards.

  1. Log into EKU Direct
  2. Click on the following links:
  •  Financial Aid
  •  View Awards
  •  Accept/Decline Awards
  •  Select Award year 2016-2017
  •  Submit
  •  Click on Accept Award Offer tab at top
  •  Review award(s) and accept/reduce/decline following the instructions provided.

If at any time you wish to have your award changed, you should contact EKU's Office of Student Financial Assistance.

Step 2:  Complete Loan Entrance Counseling

  1. Login at www.studentloans.gov using the student's FSA ID.
  2. Select ‘Complete Loan Counseling (Entrance, Financial Awareness, Exit)'
  3. Next to 'Entrance Counseling' select 'START'
  4. Provide requested information and submit.

NOTE:  If you have previously completed entrance counseling for another school, you can have your confirmation forwarded to EKU.  The student should login at www.studentloans.gov, select 'View My Documents', filter by ‘Counseling’, select 'Sub/Unsub Entrance', and 'Notify Additional School'. Choose EKU from the dropdown menu and . ‘Submit’.
 

 Step 3:  Sign a Master Promissory Note

  1. Login at www.studentloans.gov using the student's FSA ID.
  2. Click on 'Complete Loan Agreement (Master Promissory Note)'
  3. Next to MPN for Subsidized/Unsubsidized Loans click 'START'
  4. Provide requested information and submit.

For Parent PLUS Loan

In order to accept the Federal Parent PLUS loan your parent should complete the following steps:

Step 1: Complete Parent PLUS Preapproval Process

  1. Your parent should ‘Log In’ at www.studentloans.gov using his/her FSA ID
  2. Click on 'Apply for a Direct PLUS Loan'
  3. Scroll down to 'Direct PLUS Loan Application for Parents'
  4. Select 'Start' next to 'Direct PLUS Loan Application for Parents'
  5. Select Aid Year '2016-17'
  6. Provide the requested information and submit

Step 2: Sign Parent PLUS Master Promissory Note

  1. Your parent should ‘Log In’ at www.studentloans.gov using his/her FSA ID
  2. Click on 'Complete Loan Agreement (Master Promissory Note)'
  3. Scroll down to PLUS MPN for Parents (3rd option) and next to 'PLUS MPN for Parents' click 'START'
  4. Provide requested information and submit

Please note that PLUS loans can no longer be accepted through EKU Direct.

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