Counseling

Entrance Loan Counseling

All first time borrowers are required by federal law to complete an Entrance Loan Counseling requirement. This is done with the Office of Student Financial Assistance. You must call the Office of Student Financial Assistance and schedule an appointment for Entrance Loan Counseling. Stafford Loan Counseling is required for the first Stafford Loan at SVCC. All subsequent loans will not require Stafford Entrance Loan Counseling.

(815) 835-6339

Please allow for up to thirty minutes for Stafford Entrance Loan Counseling.

Next Step:
Complete Master Promissory Note

The Master Promissory Note (MPN) is required for all first time borrowers. This is required for your first loan and will not be required for continuing loans as long as you remain with the same lender. You will complete the MPN at your lenders web site. You will need your four digit PIN number (your FAFSA Pin Number) to sign the MPN. If you do not have a PIN number or have forgotten your PIN number you may to the www.pin.ed.gov web site to either apply for one or request a duplicate pin. The lender web site does have an optional method for signing the MPN if you are unable to use a pin number. The Master Promissory Note is a legal document that is required for all first time borrowers. If you have problems with the submission of your MPN please contact the Office of Student Financial Assistance. Your Stafford Loan Funds will not be sent to SVCC if you do not complete the MPN.

Your selected lender was:
Direct Loan Dep. of Education
Fill out Master Promissory Note

Once you have completed the Master Promissory Note with the lender you selected you have completed the loan process.