Mineral Area College in Park Hills, MO
Thank you for taking the time to complete Entrance Counseling for your Stafford Loan.
We hope this explains what your responsibilities are in regards to your loan.
**Please be aware this is not the application for the Stafford Loan; there is a separate form that must be completed. The form is available on the Mineral Area College website.
You must meet the following criteria to qualify for Pell Grants and Student Loans
You Must Be Degree Seeking
Admissions Must Be Completed
Enrolled in 6 or More Credit Hours
Mineral Area College has received the results of your Processed FAFSA
Please remember the following:
1. All students borrowing federal student loans to attend Mineral Area College are required to complete online entrance counseling each academic year they apply for a student loan. This is also required for transfer students with prior Stafford Loans.
2. Complete your MAC Student Loan Data Sheet and return it to the Financial Aid Office. You can obtain this form at www.mineralarea.edu under Financial Aid or in the office.
3. Typically, the loan period is the full academic year (both fall and spring semesters) One- half of the funds will be available during the fall and the other half during the spring semester.
4. Your loan funds will not be sent to the college if MOHELA has not received your completed and signed MPN. You can complete your Master Promissory Note at www.mohela.com.
5. You must also maintain at least half-time enrollment, or 6 hours of credit.
6. You will need to complete an Exit Counseling session when you graduate, withdraw, or cease to attend school on at least a half time basis.
7. All loan information is available on the National Student Loan Data System (NSLDS). You can access your loan information with your federal PIN at www.nslds.ed.gov.
If you have any questions concerning your rights and responsibilities as a borrower or your loan terms and conditions, please contact the Financial Aid Office.
Financial Aid Office Office Hours
Mineral Area College Monday –Thursday 7:30-5
PO Box 1000 Friday 7:30-4
Park Hills, MO 63601
Email: FinAid@mineralarea.edu
Phone: (573) 518-2133
Fax: (573) 518-2305
Master Promissory Note
Office of Management and Budget (OMB)-approved version of the Master
Promissory Note documents.
Downloadable Documents and Information:
Promissory Note 
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