Loan Checklist


Step 1 – Apply for Admissions at EOU

  • Students are required to be officially admitted to Eastern Oregon University. Please refer to the Admissions Office ateou.edu/admit.

Step 2 – Complete a FAFSA (Free Application for Federal Student Aid)

  • In order to receive a financial aid package, students are required to complete the Free Application for Federal Student Aid (FAFSA) form from the U.S. Department of Education. Completing the FAFSA form is best done online atfafsa.gov.

EOU’s school code is 003193

  • Please review your Student Aid Report upon receipt!
  • 您是否通过网络或纸质方式收到学生援助报告(SAR),取决于您是否在联邦学生援助免费申请(FAFSA®)表格上提供电子邮件地址。如果您提供有效的电子邮件地址,您将收到一封来自noreply@FAFSA.gov的电子邮件,说明如何访问您的SAR。如果您没有在FAFSA表格上提供有效的电子邮件地址,您将收到一个SAR或SAR确认邮件。
  • If you listed EOU on your FAFSA, EOU will receive an electronic version of your SAR, called an Institutional Student Information Record (ISIR). It will normally take about a week after you receive notification from FAFSA that your FAFSA form has been processed for EOU to receive and process your ISIR.
  • If there are any discrepancies with your FAFSA (e.g. selected for verification, C Code or rejected record), the Financial Aid Office will notify you either by email or other correspondence. You will need to submit the necessary documents to the Financial Aid Office.

Step 3 – College Financing Offer (Financial Aid Award Letter)

  • Based on the information from your FAFSA, the Financial Aid Office will provide you with a financial aid package.
  • 所有新生都将收到一份大学融资offer(奖励信)。如果你是转学或返校学生,电子通知将通过你的EOU电子邮件地址发送,并将邮寄一张明信片。

Step 4 – Review and Accept/Decline your awards

  • A student can view and accept/decline their awards onMountie Hub(on-line student access). If you’re not familiar with Mountie Hub, refer to Mountie Hub Basics ateou.edu/fao/webstart/
  • Accepted loans will be processed with amounts as accepted. If you wish to accept only a partial amount of a loan, please submit a Loan Revision Request Form (this form can be found inStudentFormsunder manage requests.
  • Check your account for any holds that may prevent your financial aid from disbursing by logging ontoMountie Hub:
    • Select Financial Aid;
    • Select My Eligibility (review requirements); and
    • Select the Holds tab (and review again).
  • Register with StudentForms (eou.studentforms.com) to resolve eligibility holds, complete verification, get reminders, and manage requests.

Step 5 – Complete Entrance Counseling

  • If you have not previously received a Direct Loan or Federal Family Education Loan (FFEL), the Federal Government requires you to complete entrance counseling to ensure that you understand the responsibilities and obligations you are assuming.
  • If you are a first time borrower for a Federal Direct Loan, AFTER YOU HAVE ACCEPTED YOUR LOANS ON MOUNTIE HUB, you must complete loan entrance counseling. If this requirement is not satisfied, it will delay disbursement of your loan funds. Entrance counseling must be completed in one sitting atstudentaid.gov. Most students finish entrance counseling in about 30 minutes.
  • 如果你在本科期间完成了入学咨询以申请贷款,那么入学咨询将满足直接补贴贷款和直接无补贴贷款的咨询要求。
  • If you are completing entrance counseling to borrow a loan as a graduate or professional student, the entrance counseling will fulfill counseling requirements for Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS Loans.

Step 6 – Complete the Master Promissory Note

  • The Master Promissory Note (MPN) is a legal document in which you promise to repay your loan(s) and any accrued interest and fees to the U.S. Department of Education. It also explains the terms and conditions of your loan(s).
  • To take out a Direct Loan, you must also have an active Master Promissory Note (MPN). You can borrow additional Direct Loans on a single MPN for up to 10 years.
  • The electronic MPN process must be completed in an entire session. If you exit the website without completing the MPN, you will need to start over. The session should take about 10 minutes.
  • The MPN must be completed online atstudentaid.gov

Step 7 – Dependent Students Only (Direct Parent Loan for Undergraduate Students (PLUS))

  1. A Direct PLUS Loan (Parent Loan for Undergraduate Student) is a loan taken out by a parent on behalf of their college-bound child. This loan requires a credit check through the Department of Education onstudentaid.gov. If a parent is interested in taking this loan, follow these steps:
    1. APPLY for the Parent PLUS loan atstudentaid.govafter May 1.
    2. Complete the electronic Master Promissory Note (eMPN) atstudentaid.gov.
    3. Complete theParent Loan Acceptance Formand return it to EOU.
  2. 资金将根据我们的支付时间表申请到学生的帐户。
  3. If you, as the parent, would like access to your son or daughter’s account to view disbursement or other information, your child must complete a proxy authorization and give you access through his or her Mountie Hub.
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