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Home » Admissions » Financial Aid » Step-by-Step Guides
To Accept:
Complete the Entrance Counseling for Student Subsidized/Unsubsidized Loans
Complete the Master Promissory Note (MPN) for Student Subsidized/Unsubsidized Loans
Complete the Annual Student Loan Acknowledgement
Please Complete These Steps On or After MAY 1ST
For Parent PLUS
Parent PLUS loans are credit-based loans that parents can apply for in addition to Subsidized/Unsubsidized Student Loans
Complete the Parent PLUS Master Promissory Note (MPN)
An alternative loan could be an option to assist with your tuition expenses please visit the link below for more information.
Alternative or Outside Loans Shopping Tool
The Nelnet Monthly Payment Plan is a interest-free monthly payment plan. Your only cost is an annual enrollment fee. Because this is not a loan everyone qualifies. Enrollment is fast and easy. Call 800.609.8056 or go to mycollegepaymentplan.com/lawrence-technological-university for more information.
Please note: if you are interested in using this payment plan you must be signed up before classes start in the semester you are being billed for.
Go to www.studentaid.gov
Select the “Log In” button
Enter your FSA ID username and password
If you have not set up a FSA ID username and password, select Create an Account
Read the Disclaimer and click Accept in order to move forward.
Under My Checklists, select “I’m In School”
Select “Complete Entrance Counseling”
Select “Start”
Select “Michigan” under Choose a State
Select “Lawrence Technological University” under Search School By Name
Select “Notify This School”
There will be 6 Modules that have to be completed. Each module will have “Check Your Knowledge” questions that you will need to complete in order to move forward. Carefully read each page as it will give you specific knowledge about the loans.
When you get to this page and click “Submit” You have completed Entrance Loan Counseling.
Go to www.studentaid.gov
Select the “Log In” button
Enter your FSA ID username and password
If you have not set up a FSA ID username and password, select Create an Account
Read the Disclaimer and click Accept in order to move forward.
Under My Checklists, select “I’m In School”
Select “Complete a Master Promissory Note”
Select “Start” next to MPN for Subsidized/Unsubsidized Loans
Enter “Borrower Information”
Enter “School Information”
Select “Michigan” under Choose a State
Select “Lawrence Technological University” under Search School By Name
Enter two references that do not have the same address as each other then select “Continue”.
Scroll through and read each section of the Borrower’s Rights and Responsibilities Statement
Verify your information then select “Continue”
Check the “My signature certifies…” Box
Type your name and select “Submit”
You have completed your MPN once you have received this notice.
Go to www.studentaid.gov
Select the “Log In” button
Enter your FSA ID username and password
If you have not set up a FSA ID username and password, select Create an Account
Read the Disclaimer and click Accept in order to move forward.
Under My Checklists, select “I’m In School”
Select “Complete Your Annual Student Loan Acknowledgment”
Select your status to begin:
Click on “View Data” to continue.
Watch the video to continue.
When you get to this page and click “Submit”, you have completed your Annual Loan Acknowledgment.
Go to www.studentaid.gov
Select the “Log In” button
Enter your (parent) FSA ID username and password.
If you have not set up a FSA ID username and password, select Create an Account.
Read the Disclaimer and click Accept in order to move forward.
Under My Checklists, select “I’m A Parent”.
Select “Apply for Parent PLUS Loan”.
Enter the appropriate Aid Year.
Enter Student Information.
Answer the following questions regarding deferment:
Answer the questions regarding the account refund.
Enter “School Information”.
Select the loan amount.
Specify the loan period:
Enter Borrower’s Information.
Review all information provided and verify that it is correct.
Go to www.studentaid.gov
Select the “Log In” button
Enter your (parent) FSA ID username and password.
If you have not set up a FSA ID username and password, select Create an Account.
Read the Disclaimer and click Accept in order to move forward.
Under My Checklists, select “I’m A Parent”.
Select “Complete Loan Agreement for Parent PLUS Loan (Master Promissory Note)”
Enter “Borrower Information”
Enter “Student Information”
Enter “School Information”
Enter your current place of employment, if employed.
Select “Michigan” under Choose a State.
Select “Lawrence Technological University” under Search School By Name.
Enter two references that do not have the same address as each other then select “Continue”.
Scroll through and read each section of the Borrower’s Rights and Responsibilities Statement.
Verify your information then select “Continue”.
Check the “My signature certifies…” Box.
Type your name and select “Submit”.
You have completed your MPN once you have received this notice.
Go to www.studentaid.gov
Select the “Log In” button
Enter your FSA ID username and password
If you have not set up a FSA ID username and password, select Create an Account
Read the Disclaimer and click Accept in order to move forward.
Under My Checklists, select “I’m In School”
Select “Complete Your Annual Student Loan Acknowledgment”
Select your status to begin:
Click on “View Data” to continue.
Watch the video to continue.
When you get to this page and click “Submit”, you have completed your Annual Loan Acknowledgment.
Go to www.studentaid.gov
Select the “Log In” button
Enter your FSA ID username and password
If you have not set up a FSA ID username and password, select Create an Account
Read the Disclaimer and click Accept in order to move forward.
Enter the appropriate Award Year.
Enter “School Information”.
Select the loan amount.
Specify the loan period.
Select “Continue”.
Enter Borrower’s Information.
Review all information provided.
Review the “Important notices”.
Click the boxes agreeing to the statements below.
Select “Continue” to authorize the Department of Education to run your credit application.
Once you have clicked Continue, your credit application will be run.
If your credit application is approved, you will be required to complete a Master Promissory Note which can be found on studentaid.gov.
If your credit application is not approved, you will have the following options:
The application will be sent to the school that was selected in the application for processing.
Go to www.studentaid.gov
Select the “Log In” button
Enter your FSA ID username and password
If you have not set up a FSA ID username and password, select Create an Account
Read the Disclaimer and click Accept in order to move forward.
Under My Checklists, select “I’m In School”.
Select “Complete Loan Agreement (Master Promissory Note)”.
Select “MPN for Direct PLUS Loans”.
Enter “Borrower Information”.
Enter “School Information”.
Select “Michigan” under Choose a State.
Select “Lawrence Technological University” under Search School By Name.
Enter two references that do not have the same address as each other then select “Continue”.
Scroll through and read each section of the Borrower’s Rights and Responsibilities Statement.
Verify your information then select “Continue”.
Check the “My signature certifies…” Box.
Type your name and select “Submit”.
You have completed your MPN once you have received this notice:
Go to www.studentaid.gov
Select the “Log In” button
Enter your FSA ID username and password
If you have not set up a FSA ID username and password, select Create an Account
Read the Disclaimer and click Accept in order to move forward.
Under My Checklists, select “I’m In School”
Select “Complete Your Annual Student Loan Acknowledgment”
Select your status to begin:
Click on “View Data” to continue.
Watch the video to continue.
When you get to this page and click “Submit”, you have completed your Annual Loan Acknowledgment.
Go to www.studentaid.gov
Select the “Log In” button
Enter your FSA ID username and password
If you have not set up a FSA ID username and password, select Create an Account
Read the Disclaimer and click Accept in order to move forward.
Under My Checklists, select “I’m In School”.
Select “Complete Exit Counseling”.
Select “Start”.
Confirm Contact Info.
Enter two references that do not have the same address as each other then select “Continue”.
Select “Michigan” under Choose a state.
Select “Lawrence Technological University” under Search school by name.
Select “Notify This School”.
There will be 7 “Check Your Knowledge” questions that you will need to complete in order to move forward. Carefully read each page as it will give you specific knowledge about the loans.
Continue answering the questions in the Preparing to Repay section; it will give you a repayment strategy based on how you answered the questions.
You are finished when you get this message:
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