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Entrance Counseling and Loan Agreement (MPN) | Bismarck State College

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Entrance Counseling and Loan Agreement (MPN)


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This only applies to students accepting loans for the first time. If you complete this for the summer semester, you will not have to complete this again for the fall semester. 

You must complete the Entrance Counseling and MPN before you can charge books against your financial aid or use your meal plan. 

  1. Go to studentaid.gov

  2. Complete Entrance Counseling

  3. Complete Master Promissory Note (MPN)

 

Entrance Counseling: Before receiving a student loan, borrowers must complete an entrance counseling session. This quick and easy interactive counseling session provides useful tips and tools to help you develop a budget for managing your educational expenses and helps you to understand your loan responsibilities.

Master Promissory Note (MPN): The Loan Agreement is a legal document in which you promise to repay your loan(s) and any accrued interest and fees to the U.S. Department of Education. It also explains the terms and conditions of your loan(s).

Please note that your accepted Federal Student Loans will not disburse to your student account until these items are completed.