Please follow along with the checklist enclosed in your financial aid package to complete the required documents for the financial aid process. Please complete all paperwork no later than July 1st. All paperwork can be completed online by using the links below. Once documents are completed, they will be forwarded to us electronically. If you need a paper copy, please contact our office (800) 630-3481.
1. Electronically complete the Title IV Authorization Form.
2. If you were awarded and accept a Perkins Loan, you will need to complete the
Perkins Entrance Counseling and the Perkins Master Promissory Note online with
ECSI.
3. If you were awarded and accept a Stafford Loan, please complete the
Stafford Entrance Counseling.
4. If you were awarded and accept a Stafford loan, please electronically
complete the Stafford Master Promissory Note (MPN). You will need to choose
a lender for your Stafford Loan. Choose a lender from FHU's Preferred Lender
List or a lender of your choice.
5. If your parents accepted a Parent PLUS Loan, please have them complete a
PLUS Loan Pre-Approval and a PLUS Loan Master Promissory Note
electronically. They will need to choose a lender for the Parent PLUS Loan.
Choose a lender from FHU'S Preferred Lender List or a lender of your choice.
|
If you are a returning student and your parent borrowed a
PLUS loan through SunTrust, your parent will need to call
888-486-4722 (Nelnet) to complete a pre-approval for the
Parent PLUS Loan. |
6. If you accepted an Alternative Loan, please electronically complete the
Alternative Loan Application. You will need to choose a lender for your
Alternative Loan. Choose a lender from FHU's Preferred Lender List or a lender
of your choice.
Loan Information - Preferred Lender Lists
Determining a lender for your Federal Stafford Loan, Federal PLUS Loan, or a Private/Alternative Loan can be a very difficult and confusing process. Schools are not required to provide preferred lists, but many schools do so as a convenience to its student and parent borrowers. FHU's Office of Financial Aid feels that it has taken great care in determining the best possible choices of lenders for our preferrerd lender lists. Lenders from across the nation were asked to submit information covering a broad spectrum of criteria.
Please note that a student or parent borrower is not required to use any lender on FHU's Preferred Lender Lists. FHU will not deny, refuse, or delay any loan application or loan certification process if a lender is chosen by a borrower that is not on FHU's Preferred Lender List. Any student or parent is encouraged to contact other lenders that participate in any or all of the loan programs mentioned to make any choice of a lender outside of FHU's Preferred Lender List. Borrowers are also encouraged to contact lenders on FHU's Preferred Lender Lists for any additional information as well as any clarification of information provided.
Information was submitted and evaluated from each lender concerning the following criteria:
| Borrower Benefits |
Lender Stability |
Quality of Products |
| Servicing Standards & Statistics |
Mission Statements |
Commitment to default management |
| Default Aversion |
Default Rates |
Ease of Application Process |
| Proactive Customer Communications |
Loan & Debt management for borrowers |
Interacing with school processing system |
| Accommodation for variety of processing scenarios |
Disbursement options |
Processing and updating loan transactions |
| Relationship(s) with offices other than Financial Aid |
Source and stability of loan capital |
Contact information and Advice for Borrowers |
(Other factors were considered, but the factors above were considered a priority.)