Direct Loans Q&A
You will need your FSA ID username and password.
As of March 29, 2015, if a borrower has been approved for a Direct Parent PLUS or Direct Graduate PLUS loan by means of obtaining a qualified endorser or documenting to the satisfaction of the U.S. Department of Education that there are extenuating circumstances related to the borrower’s adverse credit, the borrower must complete the new Direct PLUS Loan Counseling requirement at https://studentaid.gov/.
If I have already completed a Direct Loan E-MPN for another school, do I still need to complete one for Liberty University?
As long as you have been continuously enrolled at least half-time (6 credit hours undergraduate and masters; 3 credit hours doctoral studies), you will not have to complete a new Direct Loan E-MPN. If you have had a break in your enrollment, however, a new E-MPN will be necessary. In either case, you still have to complete Entrance Counseling.
What if I cannot log in to complete the Entrance Counseling and E-MPN at https://studentaid.gov/?
The U.S. Department of Education is working to expand browser compatibility, but until then, students must use Internet Explorer 6 or later, or Mozilla Firefox 2.0 or later to complete their Entrance Counseling and E-MPN.
Sign-in with your information at https://studentaid.gov/. Select “Request PLUS Loan” from the options on the left side of the page, choose the type of loan you plan to apply for and complete the application.
Liberty University will not process a credit decision on any Federal PLUS loans and will only accept the official credit decision offered by the U.S. Department of Education. Should a borrower wish to appeal a credit decision, they should:
- Contact Application Services at (800) 557-7394 to speak with a representative from the U.S. Department of Education — Mon.-Fri., 8 a.m.-11 p.m. (ET).-or-
- Find an endorser for the loan and complete an official endorser addendum located on the federal website. This must be submitted with the ticket number assigned to you by the U.S. Department of Education Application Services Department.
After graduation you have a choice: you may either make individual payments to your previous lender(s) and to the U.S. Department of Education, or you can consolidate your loans into one payment with the U.S. Department of Education through a Federal Direct Consolidation Loan.
No, your other federal loans will not have to be repaid as long as you remain enrolled at least half-time.
- FSA ID Website
- Entrance Counseling Website
- Master Promissory Note Website
- Federal Loan Consolidation Information Website
- Federal Direct Servicing Website
- Federal Direct Loan Informational Website