Entrance Loan Counseling, Master Promissory Note (MPN) and Annual Student Loan Acknowledgement (ASLA)
If you will be attending Quinnipiac’s medicine programs and are a first-time borrower of federal loans, you are required to complete Entrance Loan Counseling, the Loan Agreement Master Promissory Note (MPN) and the Annual Student Loan Acknowledgement for your Direct Unsubsidized loan before funds can be disbursed to the university.
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Entrance Loan Counseling – This is an online tool required for student borrowers to understand their rights and responsibilities when taking out Federal loans.
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Master Promissory Note (MPN) – This 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).
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Annual Student Loan Acknowledgement (ASLA) - If this is your first time accepting a federal student loan, this acknowledges that you understand your responsibility to repay your loan. If you have existing federal student loans, this acknowledges that you understand how much you owe and how much more you are eligible to borrow.
To complete these requirements:
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Sign in to studentaid.gov using your FSA ID.
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Select "Complete Entrance Counseling" and follow the instructions. The Entrance Counseling will take approximately 30 minutes.
Be sure to indicate Quinnipiac University to receive your information.
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While logged in, complete an MPN for the Federal Unsubsidized Loan, which should take about 15 minutes. Be sure to indicate Quinnipiac University to receive your information.
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Sign in to https://studentaid.gov/asla using your FSA ID. Most people complete the acknowledgment in less than 10 minutes.