USC Salkehatchie participates in the the Federal Direct Loan (DL) Program. All new students wanting a loan will need to sign a Master Promissory Note (MPN).
There are three steps that must be completed.
1. COMPLETE LOAN ENTRANCE COUNSELING
New loan borrowers must complete Entrance Counseling before receiving Direct Loan funds. Visit StudentLoans.gov to complete Direct Loan Entrance Counseling and avoid delays in receiving your loan funds! If you have received a student loan before, you DO NOT need to do the Entrance Counseling.
2. SIGN THE MASTER PROMISSORY NOTE
For step-by-step instructions on the loan process, click here.
3. ACCEPT OR DECLINE LOAN(S) ON VIP
If you have been awarded a Federal Direct Loan, subsidized or unsubsidized, and you can view them on VIP, you must decide if you wish to either accept or decline the loans that are offered.
If you want the loans that you were awarded, you must click on the button to fully ACCEPT or fully DECLINE your loans. This button is found at the bottom of the page “Show Me My Financial Aid Awards.” If you do not accept your loans they will not be available for you to use to pay your fees.