Federal Nursing Loan Program Entrance Counseling
Alfred State College in Alfred, NY
Welcome to your Nursing Loan Entrance Counseling Session. This convenient, online session explains your rights and responsibilities for the Federal Nursing Loan you are borrowing from Alfred State College. An e-mail confirmation will notify the Financial Aid Office when you have completed your loan counseling session.
First time borrowers of the Federal Nursing Loan are required to sign a Master Promissory Note (MPN). An MPN allows a student to borrow the initial and subsequent loans without signing a new promissory note each time and is valid for up to 10 years at your school. Nursing Loan MPN's are currently issued by the Alfred State College Student Accounts Office. If you have not yet received your Federal Nursing Loan MPN you can contact the Student Accounts Office at 1.800.4.ALFRED.
Please note that if you change curriculums to something other than nursing your Nursing Loan will go into repayment nine months after you cease to be enrolled in the nursing program. You can contact the SUNY Student Loan Service Center, the servicer for your Federal Nursing Loan, to see if you qualify for a forbearance or deferment. They can be reached at:: SUNY Student Loan Service Center, 5 University Place, Rensselaer, NY 12144. Phone is 518-525-2626 or e-mail slsc@uamail.albany.edu. Information on your Federal Nursing Loan can also be found on their website at http://slsc.albany.edu.
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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.
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Nursing Loan Entrance Session 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
- Name, address, telephone number, and employer for your parent, if applicable
- Name, address, telephone number, and employer for your spouse, if applicable
- Names, addresses, telephone numbers, and employers for two references residing at different addresses
- You might need the name, address, telephone number, and employer for your next of kin
- 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.
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