Master Promissory Notes & Entrance
a student borrows a federal student loan through the Direct Loan or Perkins
Loan programs, s/he must complete a Master Promissory Note (eMPN) and Entrance
Counseling. Of course, a FAFSA must be on file for the academic year in order for us to process these loans.
Federal Government and our office believe it is important to know what the
terms and conditions prior to receiving proceeds from the loan. First-time
borrowers must complete these steps before funds will disburse (pay out) to
your account. The Master Promissory Notes are valid for 10 years, so it is only
required once within that time period. To
complete the eMPN and Entrance Counseling, click below:
Direct Subsidized/Unsubsidized Loan eMPN &
Loan eMPN & Entrance Interview
Loan Borrowers of the Direct/Stafford Loans and Perkins Loan programs must
completed Loan Exit Counseling. Exit Counseling is available online. Group
in-person sessions are held at the end of each term.
will receive an email with Exit information after they have applied to graduate with the Student
Records/Registrar's Office. Students who cease to enroll at Geneseo, due to Withdrawal or Leave of
Absence, will be asked to complete Exit Counseling.
purpose of Exit Counseling is to help you learn:
- How much you have borrowed and to
who do you pay;
- Which repayment plan is right for
- Options for loan forgiveness and/or
- Your options if you have a financial
for debt management.
Exit Counseling is MANDATORY for federal loan borrowers. Failure to
complete the Exit Counseling will result in a hold on yourstudent record; meaning
official academic transcripts and registration activity are blocked.To
complete the Exit Counseling requirement, click below:
Direct/Stafford Loan Exit Counseling
Loan Exit Interview