
Financial Aid > Entrance Counseling
Prior to disbursement of the student's loan funds, all first-time Stafford Loan borrowers must complete federal entrance and exit counseling requirements. At Millsaps, this requirement must be completed online. Use the links below to complete the necessary forms. If you have questions, please contact the Millsaps Office of Financial Aid at 1-800-352-1050 or 601-974-1220,or contact us by email at financialaid@millsaps.edu.
For the 2010-2011 academic year the Office of Financial Aid will change the way we process Stafford and parent PLUS Loans. Currently we participate with the Federal Family Education Loan Program (FFELP), which is a lender-based process. Effective with the 2010-2011 academic year we will participate in the William D. Ford Federal Direct Loan Program. We will no longer offer FFELP-based loans. With the Direct Loan Program, the lender is the U.S. Department of Education; there are no banks or other financial institutions. Interest rates and aggregate limits will remain the same for student loans under the Direct Loan Program. PLUS Loan borrowers will have an advantage with the Direct Loan Program as the interest rate is lower. We are currently in the process of working with other offices on campus to implement this functionality. Additional information will be available on our web site as we work through this conversion. We appreciate your patience and welcome your questions.
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