Loans

 
Graduate Financial Assistance

Graduate students seeking to receive loan funding must begin the application process by filing the Free Application for Federal Student Aid (FAFSA) by following the link: http://www.fafsa.ed.gov. By completing the FAFSA, all graduate students will automatically qualify to receive up to $20,500 per academic year in Federal Direct Loans. Students wishing to borrow more than $20,500 per year may apply for the additional funding through the Graduate PLUS loan program. Instructions for applying for each type of loan are listed below.

Federal Direct Loan Instructions

If you are seeking to borrow Federal Direct loans for the academic year, you will first need to complete the FAFSA at http://www.fafsa.ed.gov. After completing the FAFSA, students will need to visit the Department of Education’s Direct Loan website and complete the following steps:


  • Sign In – You will need to sign into your account using your social security number, first two letters of your last name, date of birth, and your federal PIN. Your federal PIN should be the same as the PIN you used to complete the FAFSA. If you have lost or forgotten your federal PIN, you may retrieve it by visiting http://www.pin.ed.gov.
  • Complete Entrance Loan Counseling- To complete this online counseling, click on the link titled “Complete Entrance Loan Counseling” and follow the on-screen instructions.
  • Complete the Direct Loan Master Promissory Note- After completing entrance loan couseling, return to your profile and select the link titled “Complete Master Promissory Note.” Choose “Subsidized/Unsubsidized” and follow the on-screen instructions.

*Please note- To apply for a federal Direct Loan, students must complete both federal entrance loan counseling and a Master Promissory Note (MPN) with the Department of Education. These processes must be completed in order to receive your loan. If you have a question regarding the loan application, entrance loan counseling process, or your award letter, please contact the Office of Financial Assistance at 919-760-8565 or email at Finaid@meredith.edu.

Federal Direct Graduate PLUS Loan Instructions

In order to receive a graduate PLUS loan for the academic year, students must first apply for and accept all federal Federal Direct loans available. If a student requires more funding than the $20,500 available through the federal Direct loan, the additional funding may be applied for through the Graduate PLUS loan program by following the steps below:


  • Sign In – You will need to sign into your account using your social security number, first two letters of your last name, date of birth, and your federal PIN. Your federal PIN should be the same as the PIN you used to complete the FAFSA. If you have lost or forgotten your federal PIN, you may retrieve it by visiting http://www.pin.ed.gov.
  • Complete the Direct Graduate PLUS Loan Master Promissory Note- From your profile screen, select the link titled “Complete Master Promissory Note.” Choose “Graduate PLUS and follow the on-screen instructions.

Financial Assistance Deadlines

  • Spring 2013- Students entering in the Spring of 2013 may complete the 2012-13 FAFSA on a rolling basis before November 1, 2012.
  • Fall 2013- The priority deadline for filing the FAFSA form for students planning to begin in the fall of 2013 is February 15, 2013.
To complete your financial assistance application, please read our application information for prospective students.