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How to Get Your Loan
How to Get Your Stafford Loan
- Go to www.mohela.com/loanconnect/hlg
- Select a Loan Type or Counseling Link
- If a loan is selected, a list of lender logos will be
displayed. Click on the lender you prefer and you
will be redirected to the appropriate site for
completion of the Master Promissory Note (MPN)
and Pre-Approval (if applicable) If Stafford Entrance or Exit Counseling links are
chosen, you will be redirected to Mapping Your
Future’s website to complete the online student
loan counseling (OLSC). Once finished with the
Stafford Entrance Counseling, you will be taken
to your school’s Stafford preferred lender list,
where you may continue with the Stafford MPN
eSign process.
- Complete and return the Student Loan Data
Sheet. (all borrowers)
- Return the Entrance Loan Counseling
Confirmation Page, Student Loan Data Sheet,
and copy of your signed MPN to the Hannibal-
LaGrange Financial Aid Office.
- Failure to complete any part of this process
may result in the delay of receiving your financial
aid.
- During your last semester you will receive
notification regarding Exit Loan Counseling which
you must complete prior to graduation. If you
withdraw for any reason prior to graduation,
you must contact the Hannibal-LaGrange
Financial Aid Office and complete Exit Loan
Counseling.
- Report any address changes to the Hannibal-LaGrange Financial Aid Office and your lender.
RECOMMENDED LENDER LIST
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Below is a list of lenders with which we have established ties and have experienced prompt service. If you are a current student, you should borrow from the same lender you used previously. If you are a transfer student, and have borrowed previously, please provide the Financial Aid Office with your Lender's Code, Lender's Name, and Address. |
| LENDER NAME |
LENDER CODE |
| smartFUNDS, c/o MOHELA, Chesterfield, MO 63005 |
806773-50 |
| Commerce Bank, St. Louis, MO 63118 |
813979-50 |
| US Bank, c/o MOHELA, Chesterfield, MO 63005 |
814548-50 |
| MCM Savings, c/o MOHELA, Chesterfield, MO 63005 |
814668-50 |
| Bank of America, c/o MOHELA, Chesterfield, MO 63005 |
818334-50 |
| Farmers and Merchants Bank, c/o MOHELA Chesterfield, MO 63005 |
819155-50 |
| Wachovia, c/o MOHELA, Chesterfield, MO 63005 |
833599-50 |
How to Get Your Parent PLUS Loan
- Go to www.mohela.com/loanconnect/hlg to complete
the following steps.
- Select the Parent Loan for undergraduate student
(PLUS) link and complete the on-line Pre-Approval
Process by selecting one of the recommended lenders.
- If approved and you are a serial borrower, a
message should indicate that you have a valid Master
Promissory Note on file.
- All borrowers must complete the attached PLUS
Loan Data Sheet and return it to the Hannibal-LaGrange Financial Aid Office along with the PLUS
Application/Master Promissory Note if you are a first-time
borrower.
- The Hannibal-LaGrange Financial Aid Office will
complete the Loan Certification process and you will
receive a Notice of Loan Guarantee and Disclosure
Statement indicating the amount and disbursement
dates of your loan.
- If declined, you are entitled to a free copy of your
credit report to determine if it contains any outdated
or erroneous information. Contact your lender with
any corrections or updates to your credit information
if you wish to request a review of your application.
- Another option, if declined, is to contact the Hannibal-
LaGrange Financial Aid Office to determine if your
dependent student may be eligible to borrow
additional unsubsidized loans.
How to Get Your Perkins Loan
- Obtain a PIN# from the Department of Education.
- Complete and submit the FAFSA online.
- Verify Perkins Loan eligibility and award on Financial Aid Award Letter.
- First-time Perkins borrowers and transfer students must complete Perkins Entrance Loan Counseling and print Confirmation Page to verify completion.
- First-time Perkins borrowers and transfer students must complete an Master
Promissory Note with the Perkins Loan Administrator in the Business Office at Hannibal-LaGrange College.
- Failure to complete any part of this process may result in the delay of receiving your
Financial Aid.
- During your last semester you will receive notification regarding Exit Loan Counseling which
you must complete prior to graduation. If you withdraw for any reason prior to graduation,
you must contact the Financial Aid office and complete Exit Loan Counseling.
- Report any address changes to the Financial Aid office and your lender.
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