A loan can assist you in meeting educational expenses that grants and scholarships cannot fully cover. Loans are offered by the federal government or from private sources like a bank or financial institution. Federal loans usually offer lower interest rates and flexible repayment options when compared to loans from a bank or other private source.


  • Complete the FAFSA or Renewal FAFSA either on line or by mail
  • Respond to Fresno State's Document Request Letter to complete your file.
  • Receive and review your email Award Notification including the Loan Information Page link.
  • Follow the instructions in the Award Notification to accept or decline loans using the Student Portal.
  • Complete an Entrance Counseling Workshop online.
  • You will need to E-sign a Master Promissory Note using your FSA ID.

Please note that loans not accepted within 30 days of the date of award, or the beginning of the semester whichever is latest, may be cancelled.  Loans accepted but missing a Master Promissory Note or an Entrance Counseling Workshop may also be cancelled after 30 days.

Fall only, spring only and academic year loans must be accepted 15 days prior to the end of the semester.




Completion is mandatory if you wish to apply for either the subsidized or unsubsidized Federal Direct Loan. The purpose of this workshop is to assist you in recognizing your rights and responsibilities as an educated borrower.
Complete your Entrance Counseling Workshop here. For additional information on what Entrance Counseling is and how you can complete, please view this video created by FinancialAidTV.

Note: The above content or form may not be viewable on a mobile device


A promissory note is a legal document that you will sign promising to repay your loan and agreeing to the terms and conditions of the loan. A Master Promissory Note (MPN) is a contract between you and the Department of Education. The MPN is valid for up to 10 years if endorsed and implemented. If you sign the MPN but do not accept loan within 12 months the note will expire.

This brief tutorial will help further explain the MPN process.

Note: The above content or form may not be viewable on a mobile device


Funds for Federal Direct Loans will be electronically transferred to your student account.   Academic year loans will be disbursed in two installments: one during the fall semester and the second during the spring semester. Funds will be released only after enrollment and Satisfactory Academic Progress have been verified. Funds transferred to Student Financial Services that do not have a “hold”, will be delivered to the student's selected refund option through BankMobile. Disclosure statements regarding loan amounts, deducted fees, and funds transferred will be sent to students by the Department of Education. All eligible funds must be disbursed within 3 business days of receipt, or they will be returned. Additional disbursement information will be included with your award notification.

Federal regulations mandate that schools must confirm completion of Entrance Counseling before loan funds are delivered to a student. Exit Counseling must also be completed prior to or shortly following a student leaving school.

If you have questions about a consolidation loan you can find helpful information at Loan Consolidation.

Loan Aggregate Information

The following link provides important information about loan amounts and totals by student type and grade level

adobe iconLoan Information Sheet

Exit Counseling

Student loan borrowers will be required to complete an Exit Counseling session when they graduate from the university or stop attending for other reasons you.  Please go to the following link for additional information.

Exit Counseling


Click on the pictures  below to receive an estimate on your monthly loan payments. This calculator also provides you with a variety of repayment plan options. Log onto NSLDS to contact your loan servicer for detailed information about repayment options.

Federal Student Aid Repayment Estimator