Office of Financial Aid Step-by-Step Guides

• These statements are estimates and may change or be cancelled if your enrollment status changes due to course load variations such as dropping/adding classes, switching academic programs, withdrawal, dismissal, graduation or outside scholarships
• You must make Satisfactory Academic Progress (SAP) to continue receiving federal aid. This means you must maintain a 2.0 GPA as an undergraduate or a 2.75 as a graduate student and achieve course completion rate of 67%
• Federal Work Study reflects a student’s potential earnings if offered an on campus job
• All 利记sbo Scholarships require you to maintain a certain GPA, which varies depending on the scholarship; this GPA is indicated on your scholarship offer letter. Visit: http://zqmr.zo23.com/financial_aid/scholarshippolicy for more information
• Federal Pell Grant & Student Subsidized/Unsubsidized Loans have limits, visit: http://studentaid.ed.gov/sa/types

Accept the Loans You Wish To Receive

To Accept:

• • Go to banner.zo23.com
• Click ‘Login to Secure Area’
• User ID (student’s ID # w/out initials, 9 digits)
  • First time login- the PIN is the student’s birth date (mmddyy)
• Login
• Click ‘Student & Financial Aid’
• Click ‘Financial Aid’
• Click ‘Financial Aid Self-Service
• Click ‘Award Offer’
• Select appropriate academic school year
• Scroll through types of aid and offers
• Select either:
  • Accept/Decline/Modify for each specific award
  • Hit Submit

Complete the Entrance Counseling for Student Subsidized/Unsubsidized Loans

• Go to www.studentaid.gov and sign in
• Select ‘Complete Loan Counseling’ (Entrance)

Complete the Master Promissory Note (MPN) for Student Subsidized/Unsubsidized Loans

• Go to www.studentaid.gov and sign in
• Select ‘Complete Loan Agreement’ (MPN)
• Select ‘Subsidized/Unsubsidized’

Complete the Annual Student Loan Acknowledgement

• Student and Parent must complete yearly
• Go to www.studentaid.gov and sign in
• Select ‘Complete Your Annual Student Loan Acknowledgement’

Parent Loan Page

Please Complete These Steps On or After MAY 1ST

For Parent PLUS

Parent PLUS loans are credit-based loans that parents can apply for in addition to Subsidized/Unsubsidized Student Loans

• Get started: Go to www.studentloans.gov and sign in
• Click on ‘Parent’
• Select ‘Apply for a Parent Plus Loan’
• Indicate the amount of funds you want to borrow
• Lawrence Tech will receive an electronic document with the information necessary to process a PLUS loan for you. Be sure to complete Plus Counseling, if required
  • Go to www.studentaid.gov and sign in.
    • Click on ‘Parent’
    • Select ‘Complete PLUS Credit Counseling’

Complete the Parent PLUS Master Promissory Note (MPN)

• Go to www.studentaid.gov and sign in with the requested information
• Select ‘Complete Loan Agreement’(MPN)
• Select ‘PLUS MPN for Parents’
  • The parent who applies for the loan must be the same parent to complete the MPN

Other Payment Options

An alternative loan could be an option to assist with your tuition expenses please visit the link below for more information.

Alternative or Outside Loans Shopping Tool

The Nelnet Monthly Payment Plan is a interest-free monthly payment plan. Your only cost is an annual enrollment fee. Because this is not a loan everyone qualifies. Enrollment is fast and easy. Call 800.609.8056 or go to mycollegepaymentplan.com/lawrence-technological-university for more information.
Please note: if you are interested in using this payment plan you must be signed up before classes start in the semester you are being billed for.

Step 1:

Go to www.studentaid.gov

Select the “Log In” button

Step 2:

Enter your FSA ID username and password

If you have not set up a FSA ID username and password, select Create an Account

Read the Disclaimer and click Accept in order to move forward.

Step 3:

Under My Checklists, select “I’m In School”

Select “Complete Entrance Counseling”

Step 4:

Select “Start”

• If Undergraduate, select “I am completing entrance counseling to receive Direct Loans as an undergraduate student”
• If Graduate, select “I am completing entrance counseling to receive Direct Loans as graduate or professional student”

Select “Michigan” under Choose a State

Select “Lawrence Technological University” under Search School By Name

Select “Notify This School”

Step 5:

There will be 6 Modules that have to be completed. Each module will have "Check Your Knowledge" questions that you will need to complete in order to move forward. Carefully read each page as it will give you specific knowledge about the loans.

Step 6:

When you get to this page and click “Submit” You have completed Entrance Loan Counseling.

Step 1:

Go to www.studentaid.gov

Select the “Log In” button

Step 2:

Enter your FSA ID username and password

If you have not set up a FSA ID username and password, select Create an Account

Read the Disclaimer and click Accept in order to move forward.

Step 3:

Under My Checklists, select “I’m In School”

Select “Complete a Master Promissory Note”

Step 4:

Select “Start” next to MPN for Subsidized/Unsubsidized Loans

Step 5:

Enter “Borrower Information”

Enter “School Information”

Select “Michigan” under Choose a State

Select “Lawrence Technological University” under Search School By Name

Step 6:

Enter two references that do not have the same address as each other then select “Continue”.

Step 7:

Scroll through and read each section of the Borrower’s Rights and Responsibilities Statement

Verify your information then select “Continue”

Check the “My signature certifies…” Box

Type your name and select “Submit”

Step 8:

You have completed your MPN once you have received this notice.

Step 1:

Go to www.studentaid.gov

Select the “Log In” button

Step 2:

Enter your FSA ID username and password

If you have not set up a FSA ID username and password, select Create an Account

Read the Disclaimer and click Accept in order to move forward.

Step 3:

Under My Checklists, select “I’m In School”

Select “Complete Your Annual Student Loan Acknowledgment”

Step 4:

Select your status to begin:

Step 5:

Click on “View Data” to continue

Step 6:

Watch the video to continue.

Step 7:

When you get to this page and click “Submit”, you have completed your Annual Loan Acknowledgment.

Step 1:

Go to www.studentaid.gov .

Select the “Log In” button.

Step 2:

Enter your (parent) FSA ID username and password.

If you have not set up a FSA ID username and password, select Create an Account.

Read the Disclaimer and click Accept in order to move forward.

Step 3:

Under My Checklists, select “I’m A Parent”.

Select “Apply for Parent PLUS Loan”.

Step 4:

Enter the appropriate Aid Year.

Enter Student Information.

Answer the following questions regarding deferment:

Answer the questions regarding the account refund.

Enter “School Information”.

Step 5:

Select the loan amount.

Specify the loan period:

• August - May (Fall – Spring)
• August - July (Fall - Summer)
• August – December (Fall only)
• January - May (Spring only)
• May – July (Summer only)

Step 6:

Enter Borrower’s Information.

Step 7:

Review all information provided and verify that it is correct.

Step 8:

Step 1:

Go to www.studentaid.gov .

Select the “Log In” button

Step 2:

Enter your (parent) FSA ID username and password

If you have not set up a FSA ID username and password, select Create an Account

Read the Disclaimer and click Accept in order to move forward.

Step 3:

Under My Checklists, select “I’m A Parent”

Select “Complete Loan Agreement for Parent PLUS Loan (Master Promissory Note)”

Step 4:

Enter “Borrower Information”

Enter “Student Information”

Enter “School Information”

Enter your current place of employment, if employed.

Select “Michigan” under Choose a State.

Select “Lawrence Technological University” under Search School By Name.

Step 5:

Enter two references that do not have the same address as each other then select “Continue”.

Step 6:

Scroll through and read each section of the Borrower’s Rights and Responsibilities Statement.

Verify your information then select “Continue”.

Check the “My signature certifies…” Box.

Type your name and select “Submit”.

Step 7:

You have completed your MPN once you have received this notice.

Step 1:

Go to www.studentaid.gov .

Select the “Log In” button

Step 2:

Enter your (parent) FSA ID username and password

If you have not set up a FSA ID username and password, select Create an Account

Read the Disclaimer and click Accept in order to move forward.

Step 3:

Under My Checklists, select “I’m In School”.

Select “Complete Your Annual Student Loan Acknowledgment”.

Step 4:

Select your status to begin.

Step 5:

Click on “View Data” to continue.

Step 6:

Watch the video to continue.

Step 7:

When you get to this page and click “Submit”, you have completed your Annual Loan Acknowledgment.

Step 1:

Go to www.studentaid.gov .

Select the “Log In” button

Step 2:

Enter your (parent) FSA ID username and password

If you have not set up a FSA ID username and password, select Create an Account

Read the Disclaimer and click Accept in order to move forward.

Step 4:

Enter the appropriate Award Year.

Enter “School Information”.

Select the loan amount.

Specify the loan period.

• August-May (Fall –Spring)
• August-December 7 (Fall only)
• January-May (Spring only)
• May-July (Summer)

Select “Continue”.

Step 5:

Enter Borrower’s Information.

Step 6:

Review all information provided.

Review the "Important notices". 

Click the boxes agreeing to the statements below.

Select “Continue” to authorize the Department of Education to run your credit application.

Step 7:

Once you have clicked Continue, your credit application will be run.

If your credit application is approved, you will be required to complete a Master Promissory Note which can be found on studentaid.gov .

If your credit application is not approved, you will have the following options:

• Pursue an Endorser (endorser must be credit worthy)
• Appeal the decision to the Department of Education

The application will be sent to the school that was selected in the application for processing.

Step 1:

Go to www.studentaid.gov .

Select the “Log In” button.

Step 2:

Enter your FSA ID username and password.

If you have not set up a FSA ID username and password, select Create an Account.

Read the Disclaimer and click Accept in order to move forward.

Step 3:

Under My Checklists, select “I’m In School”.

Select “Complete Loan Agreement (Master Promissory Note)”.

Step 4:

Select “MPN for Direct PLUS Loans”.

Step 5:

Enter “Borrower Information”.

Enter “School Information”.

Select “Michigan” under Choose a State.

Select “Lawrence Technological University” under Search School By Name.

Step 6:

Enter two references that do not have the same address as each other then select “Continue”.

Step 7:

Scroll through and read each section of the Borrower’s Rights and Responsibilities Statement.

Verify your information then select “Continue”.

Check the “My signature certifies…” Box.

Type your name and select “Submit”.

Step 8:

You have completed your MPN once you have received this notice:

Step 1:

Go to www.studentaid.gov .

Select the “Log In” button.

Step 2:

Enter your FSA ID username and password.

If you have not set up a FSA ID username and password, select Create an Account.

Read the Disclaimer and click Accept in order to move forward.

Step 3:

Under My Checklists, select “I’m In School”.

Select “Complete Your Annual Student Loan Acknowledgment”.

Step 4:

Select your status to begin:

Step 5:

Click on “View Data” to continue.

Step 6:

Watch the video to continue:

Step 7:

When you get to this page and click “Submit”, you have completed your Annual Loan Acknowledgment.

Step 1:

Go to www.studentaid.gov .

Select the “Log In” button.

Step 2:

Enter your FSA ID username and password.

If you have not set up a FSA ID username and password, select Create an Account.

Read the Disclaimer and click Accept in order to move forward.

Step 3:

Under My Checklists, select “I’m In School”.

Select “Complete Exit Counseling”.

Step 4:

Select “Start”.

Confirm Contact Info.

Enter two references that do not have the same address as each other then select “Continue”.

Select “Michigan” under Choose a state.

Select “Lawrence Technological University” under Search school by name.

Select “Notify This School”.

Step 5:

There will be 7 "Check Your Knowledge" questions that you will need to complete in order to move forward. Carefully read each page as it will give you specific knowledge about the loans.

Step 6:

Continue answering the questions in the Preparing to Repay section; it will give you a repayment strategy based on how you answered the questions.

Step 7:

You are finished when you get this message: