Loan Instructions
Undergraduate Direct Loan Process - Loan Entrance Counseling
If you have not previously received a Direct Loan, the federal government requires you to complete entrance counseling to ensure that you understand the responsibilities and obligations you are assuming.
If you are completing entrance counseling to borrow a loan as an undergraduate student, then the entrance counseling will fulfill counseling requirements for Direct Subsidized Loans and/or Direct Unsubsidized Loans.
Undergraduate Direct Loan Process - Master Promissory Note (MPN)
The Master Promissory Note (MPN) is a legal document in which you promise to repay your loan(s) and any accrued interest and fees to the U.S. Department of Education. It also explains the terms and conditions of your loan(s). You can borrow additional Direct Loans on a single MPN for up to 10 years.
- For each federal student loan that you receive under an MPN, you'll receive a disclosure statement by email from StudentAid.gov.
- The disclosure statement provides specific information about that loan, including the loan amount, loan fees and the expected disbursement dates and amounts. Other disclosures will be provided to you throughout the loan process.
- After the first disbursement of your loan has been made, your loan will be assigned to a loan servicer and you will be provided with the servicer's name, address and contact information.
- Your servicer will service, answer questions about, and process payments on your loan after you enter repayment.
Creighton Undergraduate Institutional Loan
Before loan funds can be applied to your account, you are required to complete a promissory note.
As part of the online process, we will need to validate your identity. To validate your identity, you will need to enter your Social Security number, last name, first name, and date of birth. You will also need a PIN that will be sent to you in a separate email from webmaster@ecsi.net with the subject line "Creighton University: Promissory Note" to complete the online process. If you cannot find this email in your inbox, please double check your spam, junk and deleted mail folders.
If you absolutely cannot find the email, please contact studentaccounts@creighton.edu and request the email with your PIN be resent to you.
IMPORTANT: If you receive the “Authentication Failed” message, you will not be able to complete the Promissory Note process online or electronically sign the Promissory Note. You will need to print, complete and send the paper forms to Creighton’s Financial Aid Office. Please see the address at the bottom of these instructions.
The following are important items to remember when completing your Promissory Note Package:
1. You must provide complete reference information for yourself, next of kin (relative) and two additional references. Failure to complete all lines accurately will delay disbursement of your loan to your account.
2. Most pages require that you accept the terms by checking a box at the bottom of the page. You will not be able to proceed without completing this important step.
3. Read the Promissory Note completely. Once you have read the Promissory Note, you must sign the note at the bottom of the page. If you are completing the online process, you must sign the Promissory Note electronically. To electronically sign the Promissory Note, mark the check box and enter your full legal name.
If you are able to complete the process online, you will not need to print or deliver the paper forms as we will receive the information electronically. If you were not able to complete the process online, you will need to print, complete and deliver the package to the address below.
Your electronic promissory note will be reviewed by the Financial Aid Office before any monies are disbursed. If you have any questions, please contact us at 402.280.2731 or financialaid@creighton.edu.
Creighton University
Financial Aid Office
Harper Center Rm 1100
602 N. 20th Street
Omaha, NE 68178
Graduate/Professional Direct Loan Process - Loan Entrance Counseling
If you have not previously received a Direct Loan, the federal government requires you to complete entrance counseling to ensure that you understand the responsibilities and obligations you are assuming.
If you are completing entrance counseling to borrow a loan as a graduate or professional student, then the entrance counseling will fulfill counseling requirements for Direct Unsubsidized Loans and/or Direct Grad PLUS Loans.
Graduate/Professional Direct Loan Process - Master Promissory Note (MPN)
Master Promissory Notes are legal documents in which you promise to repay your loans and any accrued interest and fees to the U.S. Department of Education. It also explains the terms and conditions of your loans. You can borrow additional Direct Unsubsidized Loans and Direct Grad PLUS Loans on each MPN for up to 10 years. Students are required to complete a Master Promissory Note for the Unsubsidized Loan and the Grad PLUS Loan.
- For each federal student loan that you receive under an MPN, you'll receive a disclosure statement by email from StudentAid.gov.
- The disclosure statement provides specific information about that loan, including the loan amount, loan fees, and the expected disbursement dates and amounts. Other disclosures will be provided to you throughout the loan process.
- After the first disbursement of your loan has been made, your loan will be assigned to a loan servicer and you will be provided with the servicer's name, address and contact information.
- Your servicer will service, answer questions about and process payments on your loan after you enter repayment.
Federal Health Professions Student Loan
If you’ve accepted a Health Professions Student Loan, you will need to complete a promissory note. The instructions are below.
As part of the online process, we will need to validate your identity. To validate your identity, you will need to enter your Social Security number, last name, first name, and date of birth.
IMPORTANT: If you receive the “Authentication Failed” message, you will not be able to complete the Promissory Note process online or electronically sign the Promissory Note. You will need to print, complete and send the paper forms to Creighton’s Financial Aid Office. Please see the address at the bottom of these instructions.
The following are important items to remember when completing your Promissory Note Package:
1. You must provide complete reference information for yourself, next of kin (relative), and two additional references. Failure to complete all lines accurately will delay disbursement of your loan to your account.
2. Most pages require that you accept the terms by checking a box at the bottom of the page. You will not be able to proceed without completing this important step.
3. Read the Promissory Note completely. Once you have read the Promissory Note, you must sign the note at the bottom of the page. If you are completing the online process, you must sign the Promissory Note electronically. To electronically sign the Promissory Note, mark the check box and enter your full legal name.
If you are able to complete the process online, you will not need to print or deliver the paper forms as we will receive the information electronically. If you were not able to complete the process online, you will need to print, complete and deliver the package to the address below.
Your electronic promissory note will be reviewed by the Financial Aid Office before any monies are disbursed. If you have any questions, please contact us at 402.280.2731 or financialaid@creighton.edu.
Creighton University
Financial Aid Office
Harper Center Rm 1100
602 N. 20th Street
Omaha, NE 68178
Parent Loan for Undergraduate Students (PLUS) Process
To request a PLUS loan and complete the Master Promissory Note (MPN), please follow the steps below:
1. Go to studentaid.gov
2. Sign in with parent information—the same FSAID and password used to sign the FAFSA.
3. Click on "Apply for a Direct PLUS Loan" (fourth option down); then click on the second START button to begin the process to request a Parent PLUS loan. Note: You will receive notification immediately upon submitting the request if you’ve been approved or denied. Creighton University will also receive notification electronically that you’ve been approved or denied. For parents who are denied, we will award an additional unsubsidized loan to the student ($4,000 maximum/year for freshmen and sophomores; $5,000/year for juniors and seniors)
4. If approved, then complete a MPN (go back to the Home Page, under "Complete Loan Agreement (Master Promissory Note)" – the third option down.
