The University of St. Thomas

Undergraduate Financial Aid

Loan Information and Online Loan Counseling

 Entrance Counseling / Master Promissory Note (MPN) for Federal Direct Loan program

Student who are first time student loan borrowers are required to complete Federal Entrance Loan Counseling. Students who are first time federal loan borrowers or whose MPN's may have expired after 10 years will be required to complete a new MPN. Borrowers will receive a communication concerning any outstanding federal loan requirements.

Federal loans are automatically assigned to a loan servicer once a disbursement has been made on the loan. The Department of Education will try to minimize the number of servicers borrowers will have to deal with. The National Student Loan Data System (NSLDS) can help borrowers find their loan history and loan servicer contact information for each of their federal loans by logging in and clicking "Financial Aid review."

Loan Repayment Calculator

This Loan Payment Calculator computes an estimate of the monthly loan payments and can be used for both federal loans (Stafford, Perkins and PLUS) and most private student loan options.

Federal Loan Consolidation Information

Federal loan consolidation is an option for any borrower that has certain types of federal student loans. Please review the "FAQ's" on the tool bar to learn the pros and cons of  federal loan consolidation and determine if it is a good option for you.

Direct Loan Servicers

Federal loans are automatically assigned to a loan servicer once a disbursement has been made from the loan. The department of education will try to minimize the number of servicers borrowers will have to deal with. The National Student Loan Data System (NSLDS) can help borrowers see their federal loan history and the laon servicer contact information for each of their federal loans. Click on "Financial Aid Review" and login by using the same federal pin number the borrower used to file the FAFSA.