Federal Loan Counseling
All students who take out federal student loans are required to participate in entrance and exit counseling.

Entrance counseling
Students who receive a Federal Direct loan are required to complete the Federal loan entrance counseling and Federal Direct Stafford Loan Master Promissory Note (MPN). This is a two step process that may take approximately 20 to 30 minutes.
  • Step 1: Student loan entrance counseling will further assist you in understanding your rights and responsibilities as a student loan borrower and is required for all first time DWU borrowers.

  • STEP 1: ENTRANCE COUNSELING

  • Step 2: The Master Promissory Note is a legally binding agreement you must sign to indicate your commitment to repay your student loan(s). The MPN list the terms and conditions of the loan, including interest rate, origination fees and repayment options. An MPN may be used for multiple Federal Direct Stafford Loans up to 10 years.

    To complete the electronic MPN, you will be required to use your U.S. Department of Education issued PIN (this PIN is used to sign your FAFSA). If you do not remember your PIN# you can retrieve this by going to the following website: www.pin.ed.gov and selecting “Requesting a Duplicate PIN”

    Step 2: Master Promissory Note


exit counselingStudent loan exit counseling will prepare you for entering loan repayment and is required for all student borrowers at the time of exiting the university. The Financial Aid Office will direct you to the correct link below when completing this process.

Stafford and Perkins Exit Counseling

NSLDS Loan Exit Counseling


National Student Loan Data System (NSLDS)Use this website to view information about your federal Stafford, Perkins, and PLUS loans and/or Pell grants.

NATIONAL STUDENT LOAN DATA SYSTEM

When calculating your total Federal loans outstanding, add together the “Outstanding Principal” and “Outstanding Interest” columns.
Dakota Wesleyan University was named to the 2013 President's Higher Education Community Service Honor Roll. This designation is the highest honor a college or university can receive for its commitment to volunteering, service-learning and civic engagement.
Dakota Wesleyan University is proudly affiliated with the Dakotas Conference of the United Methodist Church. Members of any and all faiths are welcome and encouraged to experience an education based on learning, leadership, faith and service.
Dakota Wesleyan University has been honored as a College of Distinction through demonstration of excellence in these areas: engaged students, great teaching, vibrant communities and successful outcomes.
The Chronicle of Higher Education named Dakota Wesleyan University one of the “Great Colleges to Work For®” for 2014-2015. DWU won honors in three categories: facilities, workspace and security, and supervisor/department chair relationship.
Dakota Wesleyan University
1200 W. University Ave
Mitchell, SD 57301
800-333-8506
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605-995-2600

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