Financial Aid: How To Accept your Loans in LioNet
January 27, 2008 9:57 am | Author: Meghan Miller | Filed Under LioNet |
All student loans are first processed in an offered status so you can decide if you want the loan, and if so the amount you want (you may choose to reduce the amount or many choose not to take loans). You have to go through these steps for loans to be used towards tuition and fees. Note: all first-time borrowers at MSSU are required to complete entrance counseling and promissory notes. As a result, each of these students will have further requirements before aid can be applied towards their educational costs.
Sign on to LioNet:
- Under Quick Links, click on Student menu
- At the Student menu, click on Financial Aid
- At the Financial Aid Menu, click on Award
- On the Award menu, click Accept Award Offer
- Choose Aid Year, click Submit
- Options for Accept Award Offers include
- Accept the full award amount by selecting Accept Full Amount of All Awards.
- Choose Decline or Accept for each fund.
- Accept a partial amount by selecting Accept and entering the amount in the Accept Partial Amount field.
- Remember, all amounts are for the full school year. 50% will be disbursed in the Fall semester and 50% in the Spring semester.