So, it is officially fall ... the season and the start of the new 2010-2011 academic year here on the University of Indianapolis campus. You may still be getting used to Indianapolis culture as well as UIndy campus life, but you feel like you are forgetting something. Let's see ... you hustled to get all of your financial aid paperwork in order. Your Official Award Letter was received; you were billed for your fall classes; you even figured out how to pay for any outstanding balance. But, for some reason, your Federal Direct Stafford loan(s) still have not paid to your account. What are you doing wrong?
Well, you may be forgetting one final step in the aid process! All Stafford loan borrowers MUST sign a new Master Promissory Note (MPN), even if you have completed this loan task in the past (due to regulatory changes). Once you sign this new note electronically, your fall loans will disburse. Just a quick tip -- you will need your 4-digit federal PIN number handy when you complete your MPN. What is a 4-digit federal PIN number? It is the same number that you use when you file your FAFSA.
If you feel confused and would prefer to walk through this final loan task with a member of UIndy's financial aid team, please feel free to call us at 317-788-3217 or look us up online at financialaid.uindy.edu.
The University of Indianapolis is a private university in Indiana and ranked among the best universities in the Midwest. It offers a range of undergraduate, master’s and doctoral programs, as well as accelerated degree programs for adult learners seeking a bachelor’s degree through Indiana night classes. UIndy is a top choice among students wishing to attend one of the state’s faith-based colleges, but who desire a campus where all students are welcome and diversity is celebrated. Internship opportunities are readily available due to the university’s proximity to downtown Indianapolis. Athletic scholarships, Indiana scholarships and Indiana student grants, in addition to federally sponsored grant and loan programs, help make college affordable; students are encouraged to explore a variety of financial aid options.