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Applying for Education Loans

Federal student loans are government-guaranteed loans with low fixed interest rates and flexible repayment plans.

Applying for Federal Education Loans

No matter which federal loan you're applying for, you'll start by completing the Free Application for Federal Student Aid (FAFSA). Visit the links below to learn more about the FAFSA. If you have any questions or need guidance, the Bethel University Financial Aid Office is here to help.

Contact Us

Undergraduate Students Financial Aid Office
(731) 352-6418
financial-aid@bethelu.edu

Graduate Programs Financial Aid Office
(844) 415-2151 (toll-free)
studentservices@bethelu.edu

Adult Degree Programs Financial Aid Office
(844) 415-2151 (toll-free)
studentservices@bethelu.edu

Direct Stafford Loan

A Direct Stafford Loan is a federal student loan for current eligible undergraduate and graduate students. All new Stafford Subsidized/Unsubsidized borrowers must follow the steps below before we can process the loan listed in ePortal.

  • STEP 1: Entrance Counseling:

    All NEW borrowers must complete this federal requirement.

  • STEP 2: Master Promissory Note (MPN):

    All NEW DIRECT LOAN borrowers must complete a Subsidized/Unsubsidized Master Promissory Note. Once completed, it is good for 10 years.

Click here to complete these requirements. You must have an FSA ID to log in. Click here if you do not have one.

Direct Grad PLUS Loan

A Direct Grad PLUS Loan is a federal student loan for graduate students and parents of the students. If a graduate student is interested in obtaining a grad PLUS loan, the student must follow the steps below.

  • STEP 1: Request a Federal Direct Grad PLUS Loan:

    The student will request a grad PLUS loan. A credit check will be initiated. If the loan is approved, the student will then complete Step 2 and 3 below unless they already have a direct grad PLUS loan MPN and Entrance on file with the Department of Education. If the loan is denied, the student will be given the option to obtain an endorser or appeal the decision.

  • STEP 2: Entrance Counseling:

    All NEW borrowers must complete this federal requirement.

  • STEP 3: Master Promissory Note (MPN):

    All NEW DIRECT LOAN borrowers must complete a Master Promissory Note. Once completed, it is good for 10 years.

Click here to complete these requirements. You must have an FSA ID to log in. Click here if you do not have a PIN or do not remember it.

Direct Parents PLUS Loan

A Direct Parents PLUS Loan is a federal loan for eligible parents who want to help pay for expenses related to their child's education. If a parent is interested in obtaining a parent PLUS loan, the parent must follow the steps below.

  • STEP 1: Request a Federal Direct Parent PLUS Loan:

    One parent will request a parent PLUS loan. A credit check will be initiated. If the loan is approved, the parent will then need to complete Step 2 below unless they already have a Direct PLUS Loan MPN on file with the Department of Education. If the loan is denied, the parent will be given several options. The parent may obtain an endorser or appeal the decision. If the parent does not wish to appeal or obtain an endorser, the student may request additional Direct Stafford Unsubsidized loan.

  • STEP 2: Master Promissory Note (MPN):

    All NEW DIRECT LOAN borrowers must complete a Master Promissory Note. Once completed, it is good for 10 years. PLUS borrowers who are denied with an adverse credit history, but are determined eligible by appeal because of satisfactorily meeting the extenuating circumstances provision OR by obtaining an endorser, are REQUIRED to complete special PLUS loan counseling.


Click here to complete these requirements. The parent must have an FSA ID to log in. Click here if you do not have one.