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Loan Information | Bismarck State College

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Loan Information

Student Loan History


To review the amount of loans you have borrowed while attending school, please visit Studentloans.gov and click on My Financial Aid History.

Loan Counseling and Master Promissory Note

  • Entrance Loan Counseling: Before receiving a student loan, borrowers must complete an entrance counseling session. This quick and easy interactive counseling session provides useful tips and tools to help you develop a budget for managing your educational expenses and helps you to understand your loan responsibilities You can complete this requirement at studentaid.gov
     
  • Master Promissory Note: The Master Promissory Note (MPN) is a legal document in which you promise to repay your loan(s) and any accrued interest and fees to the U.S. Department of Education. It also explains the terms and conditions of your loan(s).
     
  • Exit Loan Counseling: Prior to graduating or leaving school, Direct Loan borrowers must complete exit counseling. The Direct Loan Exit Counseling will explain your rights and responsibilities as a Direct Loan borrower. Students can complete this requirement at studentaid.gov

To log into this site and complete these requirements, you will need the same FSA ID and password that you signed your FAFSA with.