In order for aid to disburse you must fulfill the requirements for each type of aid that you have received. Each grant and loan program has it's own form of entrance counseling. All TEACH Grant awarded students must also complete an"Agreement to Serve"(ATS).
When you graduate, drop below half time status or fail to enroll, you must complete exit counseling. You may complete exit counseling online, or make an appointment with the Default Prevention Counselor and complete a face-to-face counseling. Exit counseling informs borrowers of their rights and responsibilities of being a borrower. It is important for borrowers to know how to manage their student loans, to avoid default which has severe consequences.
See below for the type of loan or grant you have and complete their appropriate requirements:
*After completing entrance counseling for your Stafford Loan, you must sign a Master Promissory Note (MPN) online. If you do not complete the MPN on the web, you will not receive a Stafford Loan.
*Missouri Southern State University, along with designated colleges across the nation, has been selected to participate in an experimental loan counseling program conducted by the U.S. Department of Education. The program will test the effectiveness of supplemental counseling sessions and new tools to help students manage their debt. This means you may be required to complete an additional session of Loan Counseling for this year and every year you wish to receive Federal Direct loans at MSSU.
You will need an FSA ID in order to complete the entrance counseling, MPN, ATS, or exit counseling. If you do not have one you can create one online.
*Perkins Loan program will officially end September 30, 2017.