In order for aid to disburse you must fulfill the requirements for each type of aid that you have received. Each grant and loan program has it's own form of entrance counseling. All TEACH Grant awarded students must also complete an "Agreement to Serve"(ATS).
When you graduate, drop below half time status or fail to enroll, you must complete exit counseling. You may complete exit counseling online, or make an appointment with the Default Prevention Counselor and complete a face-to-face counseling. Exit counseling informs borrowers of their rights and responsibilities of being a borrower. It is important for borrowers to know how to manage their student loans, to avoid default which has severe consequences.
Missouri Southern encourages all student loan borrowers to complete the Annual Student Loan Acknowledgment. Student can complete this acknowledgement online at www.studentaid.gov . by logging in with their FSA ID and password. This acknowledgement should be completed for each year that a student borrows a student loan. The completion of this acknowledgement assists students in understanding their responsibility to repay their loans, how much they owe, and how much more they may borrow over the course of their academic program.
You will need an FSA ID in order to complete the entrance counseling, MPN, ATS, or exit counseling. If you do not have one you can create one online.
