1. Go to http://dlenote.ed.gov/empn/index.jsp.
2. Be sure to review the "What You Need" and "What to Expect" sections of the website. If you need technical assistance, click on the "Contact Us" section of the site.
3. Select "Complete New MPN for Student Loans."
4. In Step 3 of the online MPN, be sure to select the correct name and address for the University of Michigan:

University of Michigan-Ann Arbor 503 Thompson Street Ann Arbor, MI 48109-1340 - G02325

WHAT YOU WILL NEED TO COMPLETE THE MPN:  

1. A Department of Education PIN Number:
   You will need to have a PIN number issued from the U.S. Department of Education to complete the MPN on the web.   If you do not already have a PIN number, you should apply for one immediately.  It takes up to 3 business days to receive your PIN information by email and 7-10 business days to receive it by regular mail.  If you already have a PIN number, but you cannot locate it, click here.  (Note:  Your PIN number is NOT the same as the DRN number shown on your Student Aid Report.) 
   
   
2. You will also need:  
   ° Your Social Security Number
   ° Your permanent address and telephone number
   ° Your driver's license number
   ° Names, addresses, and phone numbers for two
     references

How Much Are You Borrowing?

The Direct Loan amount you may borrow for the current award period is listed on your Financial Aid Award Notice that you received from the U-M Office of Financial Aid.  If you have already received a University of Michigan uniqname and password, you can view your Direct Loan and other financial aid awards on Wolverine Access (https://wolverineaccess.umich.edu).

You can also use Wolverine Access to keep track of how much you borrow throughout your U-M educational career; see our repayment calculators site for more information.  This site helps you determine how much you have borrowed to date and what your loan payments will be for all loan programs (Direct, Perkins, Health Professions, Nursing, and private loans) once you graduate or drop below half-time enrollment.

How to Reduce or Decline (Cancel) Your Loans

If you want to REDUCE or DECLINE (CANCEL) your Direct Loan award(s) BEFORE you receive the funds, go to Wolverine Access, select Student Business, log in, and then select Financial Aid > Aid Year > Awards > Accept/Decline Financial Aid. To reduce or decline the funds AFTER you have already received them, contact the Office of Financial Aid right away.  You do not need to complete the MPN if you are canceling your Direct Loan award(s).

Receiving Your Loan Funds

You must have completed the MPN and be enrolled at least half-time to receive your Direct Loan funds. Loan funds will be applied to your student account to cover tuition, fees, and university housing. Any excess funds will be mailed (as a refund) to your current/local address (as listed on Wolverine Access) or directly deposited in your bank account (if you have direct deposit). For more information on receiving your financial aid funds, click here.  Remember: Each time you borrow through the Direct Loan program, you will automatically receive your loan funds unless you decline them (you do not need to complete a new MPN each time you borrow).

Direct Loan Entrance Counseling