FINANCIAL AID
Direct Loan Application
Complete the OCU Direct Loan Application. This application must be completed in
full. Incomplete forms will be returned to the student, which could
mean missing the Direct Loan deadline. Please return your completed
Direct Loan Application to the following address:
Oakland City University
Attn: Direct Loan Processing
138 North Lucretia Street
Oakland City, IN 47660-1038
or
FAX: 812-749-1438
Direct Loan Entrance Counseling
Complete the Federal Direct Loan Entrance Counseling . This session takes only 20-30 minutes to complete. All students borrowing Direct Loans for the first time at Oakland City University are required to complete this counseling session. Students who do not have access to the internet should contact the Financial Aid Office.
The Master Promissory Note (eMPN)
Complete the Federal Direct Loan Master Promissory Note or the PLUS Direct Loan Master Promissory Note. You will need your PIN (issued from the U.S. Department of Education) to begin the process. The eMPN explains the terms and conditions of your loan and is your legally binding agreement to repay your loan to the Department. Please note – student Direct Loans or parent PLUS loans will not be disbursed until you have completed and submitted or returned your MPN. Need help? Contact the Financial Aid Office at 812/749-1436.
Direct Loan Application
Complete the OCU Direct Loan Application . This application must be completed in full. Incomplete forms will be returned to the student, and could mean missing the semester Direct Loan deadlines. Please return your completed Request Form to the following address:
Oakland City University
Attn: Direct Loan Processing
138 North Lucretia Street
Oakland City, IN 47660-1038
or
FAX: 812-749-1438
Direct Loan Exit Counseling
Complete the Federal Direct Loan Exit Counseling prior to graduating, leaving school or dropping to below half-time enrollment. This session will take approximately 30-40 minutes to complete. You will be required to enter the PIN number you used when you completed your FAFSA. This counseling session has been created to make sure that you understand your rights and responsibilities as a Direct Loan Borrower.
Exit Counseling is required by the Department of Education. Please note that your transcripts will be held until you have successfully completed this session.
