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Loans

Loans

Loan Availability

There are a variety of loans available for students at Chestnut Hill College.   Follow the link to your School to determine what is available for you:

 

Loan Processing and Requirements 

In order to process your Federal Direct Loan (subsidized or unsubsidized), you will need to complete a Master Promissory Note (MPN) and Loan Entrance Counseling. Please follow the instructions below to complete the MPN and Entrance Counseling electronically.

  1. Go to https://studentloans.gov.
  2. Click on the green button to sign in.  You will need your social security number and your FSA ID number.  If you cannot remember your FSA ID# , you can retrieve it at https://fsaid.ed.gov/npas/index.htm.
  3. After signing in, complete your MPN.
  4. You will need to e-sign your MPN with your FSA ID number that you used to e-sign your FAFSA.
  5. Loan Entrance Counseling is required for first-time borrowers.  Entrance Counseling is a federal regulation mandated by the Department of Education which explains your rights and responsibilities as a student borrower. 
  6. If you are a new borrower, you will not receive credit for your Federal Direct Loan until both the Master Promissory Note AND Loan Entrance Counseling is completed.
  7. If you need assistance completing your MPN, please call the Direct Loan customer service center at 800.557.7397.

 

Ardeo Student Loan Insurance

In addition, Chestnut Hill College partners with Ardeo, allowing students the option to insure their student loans after graduation. Learn more here.

 

Loan History

The National Student Loan Data System (NSLDS) is the U.S. Department of Education's (ED's) central database for student aid. NSLDS receives data from schools, guaranty agencies, the Direct Loan program, and other Department of ED programs. NSLDS Student Access provides a centralized, integrated view of Title IV loans and grants so that recipients of Title IV Aid can access and inquire about their Title IV loans and/or grant data.

To view your complete federal student loan history, please visit www.NSLDS.ed.gov. To log in to the system, you will need to provide your social security number, your date of birth and your Free Application for Federal Student Aid (FAFSA) Personal Identification Number (PIN). 

 

Federal Loan Consolidation

For information on federal loan consolidation, visit www.loanconsolidation.ed.gov and click on “Borrower Services.”

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