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Fill out the FAFSA
The Free Application for Federal Student Aid (FAFSA) is required to be eligible for most financial aid. The FAFSA must be completed each year. Students can now submit the FAFSA as early as October.
Loans Available to Graduate Students
Federal Direct Unsubsidized Loans
A Federal Direct loan is a low-interest, fixed rate loan made to students. Generally, every student who files a FAFSA is eligible to borrow a Federal Direct loan.
Step #1: Complete your Free Application for Federal Student Aid (FAFSA)
Step #2: Accept your Federal Direct loan on the OneStop tab in Cor
For incoming students, you must be registered for an orientation session before you can sign into Cor. For Transfer students, you must have completed the online Admissions tutorial before you can sign into Cor.
Contact OneStop Student Services for more information.
Step #3: Complete Direct Loan Entrance Counseling
If you are a first time borrower of federal loans at St. Scholastica, you will be required to complete the online Direct Loan Entrance Counseling. Click on the green Sign In box to get started. You will need your FAFSA ID.
Step #4: Complete Electronic Master Promissory Note
All new borrowers at The College of St. Scholastica will need to complete a master promissory note (MPN). Click on the green Sign In box to get started. You will need your FAFSA ID. Once you have completed the Direct Loan eMPN this year, you should not need to complete it again.
Once a student borrower ceases attendance at St. Scholastica or drops below half time enrollment, the student must complete required exit counseling.
Federal Direct Graduate PLUS Loan
The Federal Direct Graduate PLUS Loan is available to graduate/professional students. This loan is similar to the Parent PLUS loan for undergraduate students, except it is available to the graduate student, not their parents and can be consolidated with other federal loans at repayment. A credit check will be performed on this loan. There is a loan origination fee associated with this loan; you may increase your Graduate PLUS loan amount by approximately $300 to offset the fees.
Step #1: Complete your Free Application for Federal Student Aid (FAFSA)
Step #2: Accept your Federal Direct loan on the OneStop tab in Cor
For incoming students, you must be registered for an orientation session before you can sign into Cor. For Transfer students, you must have completed the online Admissions tutorial before you can sign into Cor.
Contact OneStop Student Services for more information.
Step #3:Complete Graduate PLUS Loan entrance counseling
If you are a first time borrower of the Graduate PLUS loan at St. Scholastica, you will need to complete Graduate PLUS entrance counseling. Click on the green Sign In button on the Direct Loan page to get started.
Step #4: Complete Electronic Master Promissory Note
All new students at The College of St. Scholastica will need to complete a master promissory note (MPN). Click on the green Sign In button on the Direct Loan page to get started. Once you have completed the Direct Loan eMPN this year, you should not need to complete it again.
Private Loan Options
Private loans are available through banks, credit unions, and the Office of Higher Education, and are available with the student as borrower. Most of these loans require the student to have a credit worthy cosigner and have variable interest rates.
Student Loan Code of Conduct
All loans at St. Scholastica are governed by the Student Loan Code of Conduct. Please read this document carefully before accepting any loans.
Loan Forgiveness Programs
Learn more about these loan forgiveness programs by visiting their websites.
- Minnesota Health Professional Loan Forgiveness Program
- Wisconsin Health Professions Loan Assistance Program
- HRSA Nursing Education Loan Repayment Program
- National Health Service Corps
- Federal Student Aid Forgiveness, Cancellation and Discharge Programs
- NHSC Substance Use Disorder Workforce Loan Repayment Program
Next Steps...
- Detailed program overview
- Personalized financial aid
- Individual admissions support
