Federal regulations require that before any federal loans are disbursed to a student's account, the student must complete an Entrance Interview. This takes about 25 minutes to complete at the Direct Loan Servicing Site. The Entrance Interview is a counseling session that provides information about how to manage student loans, both during and after college.
Most loans require you to sign a promissory note, which is documentation of your obligation to repay the loan. All promissory notes are to be signed and returned to the guarantors who sent them to you, except for the Federal Perkins Loan and the Federal Nursing Loan, which are to be returned to the Villanova University Office of Financial Aid. The Master Promissory Note (MPN) for the Direct Subsidized/Unsubsidized Loan, the Direct PLUS Loan and the Direct Graduate PLUS Loan can be signed electronically by logging into the www.studentloans.gov website.
If you are offered Federal Work-Study as a part of your award package, please review the 2016-2017 Federal Work Study Brochure and the 2016-2017 Federal Work Study Checklist for in-depth information on the program and how to get started.
Student Job Directory
It is the responsibility of the student to choose and secure a job from those available in the Student Job Directory. Students should also understand that Federal Work-Study funds are not credited to tuition, but paid as a regular paycheck and can be used toward educational expenses.
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