Direct Loan Resources

Entrance Counseling and Master Promissory Note (MPN)
In order to be eligible for Subsidized, Unsubsidized or PLUS loans, all first-time borrowers (and/or parent borrowers) will need to complete Entrance Counseling. You will receive information regarding specific requirements to complete Entrance Counseling and a Master Promissory Note (MPN). During entrance counseling, you will learn basic information about budgeting and your responsibilities as a borrower. This is an easy process that can be done online at http://www.studentloans.gov/. New borrowers must also complete a Master Promissory Note (MPN) which is a multi-year contract containing the terms of your federal educational loan. The MPN may be completed online at www.dlenote.ed.gov.

Exit Counseling
In order to complete Birthingway's graduation process, or anytime you drop below half-time, you must also complete Exit Counseling for educational loans borrowed while at Birthingway. Exit Counseling is similar to the Entrance Counseling and is an extremely important process by which you will learn about your rights and responsibilities as a borrower, learn about repayment options and update your contact information with the Department of Education. Exit Counseling can be completed at www.nslds.ed.gov.

Federal Loan Servicers
The Department of Education uses a number of loan servicing companies for their federal student loans. Your loan servicer will be automatically assigned to you. For a complete list of servicers, visit http://studentaid.ed.gov/repay-loans/understand/servicers.

National Student Loan Data System
Here you can find information on your loan and Pell amounts, outstanding balances, the status of your loans and when disbursements were made. You'll need your PIN to log in to the database.

Direct Loan Consolidation
When you are thinking about whether or not you want to consolidate loans, visit this site for general information and applications.

FSA Ombudsman Contact Information
If you have a dispute about your federal student loan, it may be appropriate to contact the Federal Student Aid Student Loan Ombudsman. Visit the federal student aid website to learn more about when it is and is not appropriate to contact the Ombudsman.

The FSA Ombudsman Group can be reached at:
FSA Ombudsman Group
830 First Street NE
Mail Stop 5144
Washington, DC 20202-5144
1-877-557-2575