Mapping Your Future: Online Counseling
Step 2 Contact Us

Direct Loan Entrance Counseling

Drury University in Springfield, MO

Entrance Counseling: First time Stafford Loan borrowers must complete entrance counseling before loan funds can be released to their student accounts. If you have trouble completing your session, please contact Reva Brown, Assistant Director of Financial Aid, for further assistance at 417/873-7540. 

Undergraduate students must be enrolled at least half time status, or six credit hours for the fall/spring semesters, and three hours for summer to be eligible for a Stafford loan.  Graduate students must be enrolled for at least three credit hours to be eligible for a Stafford loan.    To officially withdraw from classes, you should contact the Registrar's Office at 417/873-7211. You must also contact the Financial Aid Office for important exit counseling information for your Stafford loans. Students can access their loan history online at http://www.nslds.ed.gov/nslds_SA/.

For your information:  Average indebtedness for Drury University Stafford loan borrowers is $10559.  For a student who has borrowed this amount, monthly payments would be $121.51 for 120 months.  Interest paid on this amount over a ten year period would be $4022.59. 

Master Promissory Note (MPN): You will have to complete a MPN only one time (in most cases) and return it to your lender or e-sign online. After you complete the new MPN, it will then be in effect for future loans requested at Drury University as long as you select the same lender.

Credit Balance Refund Checks: Release of aid does not occur until after the drop/add period ends, approximately the fourth week in the semester (fall or spring); then Financial Services issues refund checks within two weeks after a credit balance occurs. Therefore, the earliest possible date funds are available for living expenses is approximately the end of the fifth week of the semester if all the above steps were completed on a timely basis. Later in the semester, if a credit balance occurs when funds are released (Monday - Friday), refund checks will be available Thursday of the following week after 2:00 p.m. Withdrawals: Borrowers who completely withdraw from classes may owe a debit balance to the university due to "Return of Title IV Funds Policy." Office of Financial Aid If you have questions, you may e-mail Reva Brown, Assistant Director of Financial Aid at rbrown4@drury.edu.


Master Promissory Note

Office of Management and Budget (OMB)-approved version of the Master Promissory Note documents.

Downloadable Documents and Information:
  • Promissory Note
    • MYF Disclaimer:

    The information above is wholly the product of the school represented herein. Mapping Your Future, and its individual sponsoring members, do not guarantee or warrant the correctness, completeness, accuracy, or any other characteristic of this content and shall not be liable for any loss, damage, or cause of action arising out of the content.


    Instructions

    Before You Start

    • Ensure you meet the browser and system requirements:
      • You must use at least Internet Explorer 6.0 or Mozilla Firefox 1.0. Get a browser now.
      • You can use any Internet service provider (ISP) to connect to the Internet; however, you should access this counseling session using one of the browsers above after you've connected. Do NOT use the ISP's browser, such as AOL or MSN--you won't be able to complete the student form at the end of the session!
      • You must enable JavaScript in your browser.

    • PARENTS: Please don't complete the counseling session on behalf of your son or daughter, as this federal requirement helps the student understand the rights and responsibilities of borrowing a student loan.

    • You will need about 25 minutes to complete this counseling session.

    • You will need the following information:
      • Your Social Security number
      • Your driver's license number

    • You might need the following information:
      • Name, address, telephone number, and employer for your spouse, if applicable
      • Names, addresses, telephone numbers, and employers for your next of kin and/or parent
      • Names, addresses, telephone numbers, and employers for two references residing at different addresses
      • NOTE: Providing names and information for your spouse, parent, next of kin, and references does not obligate them to assist with repayment of your loan. Regulations require you provide this data so your loan holder can locate you, if, in the future, they have an invalid address or phone number.

    • The student loan calculator in this session will help you calculate your estimated monthly payment. If you aren't sure how much you'll borrow, you can ask your school for the average student loan indebtedness of borrowers at the school or in your program of study at the school.

    What to Do

    • Read the content and answer the questions.
    • Fill out the student information form. Use the comment box for any comments or questions you have for your school.
    • Print the confirmation page that appears after you fill out the student information form or note your confirmation number for your records.

    NOTE: Generally, the Back and Forward buttons on your browser will not work once you begin the counseling session.  Use the buttons within the counseling to navigate.

    NOTICE: The information you provide for loan counseling may be disclosed to third parties, such as your lender, lender servicer, school servicer, subsequent loan holder, or guarantor, as authorized under routine uses in the appropriate system of records and as may be authorized or required by federal regulations.