Federal Direct Loan Entrance Counseling
First-time Federal Direct Loan borrowers must complete entrance counseling. All entering DMD students who plan to take out loans should complete this requirement. Counseling must only be completed once during the student’s DMD program.
Entrance counseling for Federal Direct Loans is completed on StudentLoans.gov⤷. Students can find updates on their counseling status on their Aid Status page in ONE.UF⤷.
Federal Direct Loan Master Promissory Note(s)
First-time Federal Direct Loan borrowers must electronically sign the appropriate Master Promissory Notes (MPNs). All entering DMD students who plan to take out loans should complete this requirement. MPNs must only be completed once during the student’s DMD program.
There are separate MPNs for the Direct Unsubsidized Loan and the Direct Graduate PLUS Loan. MPNs are completed on Studentaid.gov⤷.
Please note: Graduate PLUS loan borrowers must complete the PLUS application on Studentaid.gov⤷ prior to completing the PLUS MPN. The PLUS application must be completed once per academic year.
Federal Direct Loan Acceptance
All Direct Unsubsidized Loan borrowers must accept their loan before funds can be disbursed to their accounts. Acceptance is completed on the Awards & Disbursements page in ONE.UF⤷. Acceptance must be completed every semester.
Direct Graduate PLUS loans are automatically accepted due to the required PLUS application. Completion of the application is considered acceptance of the loan.
Unsubsidized and Graduate PLUS loans may also be reduced or canceled online prior to disbursement. After disbursement, students should contact SFA-DEN@mail.ufl.edu if they wish to reduce or cancel their loan.
UF Long-Term Loan Promissory Notes (for Health Professions Loans and Loans for Disadvantaged Students)
Students should expect to receive Health Professions Loans and Loans for Disadvantaged Students promissory notes in the mail unless instructed otherwise by the UFCD Financial Aid Coordinator. Promissory notes are generally available 2-3 weeks after awarding. Promissory notes are processed by the University Bursar. Funds will be released once the Bursar has a complete promissory note on file.
The above information is for individuals currently in or starting the DMD Program.
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