Federal Direct Subsidized and Unsubsidized Loan Checklist
All students borrowing Federal Direct Subsidized and Unsubsidized Loans need to accept, decrease or decline their loans from their LionPATH Student Center. This task needs to be completed each academic year.
New students are also required to Complete Loan Counseling and a Loan Agreement (sign an MPN). Loan Counseling is an interactive explanation of the terms and conditions of the loans. The MPN is an agreement to pay back your student loan. In most cases, you will only need to complete these two tasks once during your college career.
Your Direct Loans will not be applied to your Penn State student account until:
- You accept the loans in LionPATH
- You Complete a Loan Agreement (sign Master Promissory Note)
- You complete Loan Counseling
Sign your MPN and complete Loan Counseling at Studentloans.gov.