Loan Process 2011-2012
ISU TO PARTCIPATE IN THE DIRECT LOAN PROGRAM
Beginning in Fall 2009, Indiana State University will participate in the William D. Ford Federal Direct Loan Program. Students and parents will now get Stafford, Parent PLUS, and Graduate PLUS Loans directly through the U.S. Department of Education, rather than through lenders participating in the Federal Family Education Loan Program (FFELP). The terms and conditions of both programs are similar.
All returning and new students must complete a new Master Promissory Note (MPN) and an Entrance Counseling Session for the Direct Loan program.
To learn more about how to apply for a Federal Direct
Loan click on one of the following links.
To complete your Master Promissory Note(MPN) and Entrance Counseling please click of the following links:
Commonly asked questions about the federal direct lending program
Direct Loan Servicing
Contact the Direct Loan Servicing Center at 1-800-848-0979, or online atwww.StudentLoans.gov.
Visit the web site or call to get loan account information, request a deferment or forbearance, download a
deferment or forbearance request form, change repayment plans, make online payments, set up automatic payments,
and much more.