Direct Loan Process
Each academic year ALL new and continuing students awarded Federal Direct Loans are required to accept or decline the loan online. This is the case whether or not you have used student loans in the past. In order to accomplish this, please follow the directions listed below.
To accept or decline your Federal Direct Loans and view your financial aid offer:
- Log in to your MyNMU account
- Click on the Financial Aid tile or search Financial Aid on the left-hand side.
- Click on Award Offer
- Follow the directions listed under You have aid which has not been declined or accepted
- To make any adjustments after you have accepted or declined please email fao@nmu.edu
- 1st time borrowers only—go to studentaid.gov to complete the Loan Agreement (MPN) and Entrance Counseling