Loan Entrance Counseling & Master Promissory Note (MPN)

If you have been awarded Federal Direct Loan funds on your Financial Aid Award Letter from Northwest University, and you have accepted the loan funds offered, it is a requirement that you complete Online Loan Entrance Counseling and sign a Master Promissory Note (MPN) before you can receive any Federal Direct Loan funds.

Follow the instructions below to complete your Online Loan Entrance Counseling & MPN:

 Online Loan Entrance Counseling

  1. Go to https://www.studentloans.gov/
  2. Click the blue Log In button on the top right hand side of the page
  3. Enter your FSA ID log-in information, and click Log In (The FSA ID is not the same as the 4 digit PIN you may have used in the past. You must have created an FSA ID Username and Password in order to complete your MPN and Entrance Counseling)
  4. You are now on your studentloans.gov HOME PAGE. Click the Complete Loan Counseling link (the 2nd option un-der the “I want to:” heading)
  5. Choose Counseling Type: Choose the first required Entrance Counseling option, and click Start (completing any of the other counseling options will not satisfy the Entrance Counseling requirement!)
  6. Add Schools to Notify: Select Washington as the school state, then choose Northwest University as the school name, and then select Notify This School
  7. Select Student Type: Select whether you are an undergraduate or graduate student, and click Continue to begin your Entrance Counseling session
  8. Carefully read each section of information, and answer all Check Your Knowledge questions at the bottom of each section (a box will pop up letting you know the correct response after you answer each question), and enter esti-mated dollar amounts where requested to help you better understand your loans. Click Continue at the bottom of each page
  9. Continue following the instructions listed in step 8 above, until the final page of the Entrance Counseling session. When all sections are complete, you will click Submit Counseling

You have completed your Online Loan Entrance Counseling!

Master Promissory Note (MPN)

  1. Go to https://www.studentloans.gov/
  2. Click the blue Log In button on the top right hand side of the page
  3. Enter your FSA ID log-in information, and click Log In (The FSA ID is not the same as the 4 digit PIN you may have used in the past. You must have created an FSA ID Username and Password in order to complete your MPN and Entrance Counseling)
  4. You are now on your studentloans.gov HOME PAGE. Click the Complete Loan Agreement (Master Promissory Note) link (3rd option under the “I want to:” heading)
  5. Select the type of Direct Loan MPN you would like to complete: If you have been awarded a Subsidized and/or Unsubsidized loan, click Start next to MPN for Subsidized/Unsubsidized Loans. If you are requesting a Graduate PLUS Loan, click Start next to PLUS MPN for Graduate/Professional Students. If you are a parent requesting a Parent PLUS Loan, click Start next to PLUS MPN for Parents
  6. Borrower Information: Enter the required borrower information
  7. School Information: Select Washington as the school state, and then choose Northwest University as the school name. Then click Continue
  8. Enter the required reference’s information and click Continue
  9. Read each section of the Terms and Conditions, and check the “I have reviewed the information…” box, and click Continue
  10. Carefully review all of the information entered, and then enter your E-signature in the corresponding boxes (First Name, Middle Initial, Last Name) and click Sign
  11. Your MPN is NOT submitted yet! Scroll down to review everything, and click Submit

You have completed your Master Promissory Note (MPN)!