Student Loan Workshop

The Student Loan Workshop provides you with a detailed explanation of the borrowing process from determining your borrowing needs to repayment options. Specific topics include: types of Federal Direct Loans, borrowing limits, Department of Education expectations, available repayment options and your rights and responsibilities as a borrower.  You'll learn the type and amount of loan you're eligible for, and be given the opportunity to make adjustments based on your needs.

Note: Completing Entrance Loan Counseling and the Direct Loan Master Promissory Note is not a commitment to borrow funds for your education. If, after attending loan counseling, you determine a federal student loan is not a good option for you, you may choose not to pursue federal loan funds.

We offer two types of loan workshops - are you a new borrower or a repeat borrower?

If you're a New Federal Direct Loan Borrower, you MUST complete these steps PRIOR to registering for the Student Loan Workshop.

You're a new borrower at MCC if you have never borrowed a loan or have only borrowed at another school.

  1. Complete and submit the Free Application for Federal Student Aid (FAFSA).
  2. Complete the Financial Aid Process
  3. Complete Entrance Loan Counseling and Direct Loan Master Promissory Note (MPN).
    • Go to StudentLoans.gov.
    • In the Manage My Direct Loan box, create a login using your FSA ID.
    • Select Complete Entrance Counseling. Complete required steps through confirmation.
    • Select Complete Master Promissory Note. Complete required steps through confirmation.
  4. Complete and print this Loan Request Worksheet.
    • Bring the completed Loan Request Worksheet to the Student Loan Workshop.
  5. Be enrolled in a financial aid-eligible academic program.  Eligible programs consist of a degree or certificate of 16 credit hours or more.
    • To view your current active academic program(s), go to myMCC > My Tool Box > Students Menu > Academic Profile > My Profile > Academic Program
  6. Be enrolled in at least six credit hours that are required to complete your eligible academic program.

Register for your New Borrower workshop »