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Questions?
Contact Us:
Office of Financial Aid
Glendening Hall, Room 130
240-895-3000
Caroline Bright, Director
cobright@smcm.edu
Nadine Hutton, Associate Director
nlhutton@smcm.edu
Denise Merican, Assistant Director
dmmerican@smcm.edu
Marsha Wilcox, Financial Aid Coordinator
mlwilcox@smcm.edu
William D. Ford Federal Direct Loan (Direct Loan) Program
St. Mary's College of Maryland participates exclusively in the Direct Loan Program. The lender is the U.S. Department of Education rather than a bank or other financial institution.
All new borrowers must complete a Master Promissory Note (MPN). There are two types of MPNs for Direct Loans, one for the student borrowers receiving Direct Subsidized and Unsubsidized loans, and the other for parent borrowers or graduate students who are receiving a Direct PLUS loan. All new Stafford Loan borrowers must complete an Entrance counseling online. Complete MPNs and Entrance Counseling at www.studentloans.gov
With Direct Loans, you
- Borrow directly from the federal government.
- Have on-line access to your Direct Loan account information 24 hours a day, 7 days a week.
- Can choose from several repayment plans that are designed to meet the needs of almost any borrower, and you can switch repayment plans if your needs change.
