Master Promissory Note (MPN), Entrance Counseling, and Exit Counseling
The Master Promissory Note (MPN) is your promise that you will repay these funds.
Students borrowing for the first time at Fordham are required by federal regulations to complete an online Entrance Counseling session before loan proceeds can be credited to your student account. Entrance Counseling is an online tutorial that gives you more details about your loan including your rights and responsibilities.
You may only receive Direct Subsidized and Unsubsidized Loan funds after the FAFSA, Master Promissory Note (MPN) and Entrance Counseling have been completed. You can confirm that Fordham has received your completed MPN and Entrance Counseling by clicking on the Documents tab of the Financial Aid section of your My.Fordham account.
You must complete exit counseling when you leave school or drop below half-time enrollment. The purpose of exit counseling is to ensure you understand your student loan obligations and are prepared for