How-To Accept or Decline your Awards

Step 1: ACCEPT YOUR AWARDS

To Accept Awards

  • Go to www.ltu.edu/bannerweb
  • Click ‘Login to Secure Area’
  • User ID (student’s ID # w/out initials, 9 digits)
    • First time login- the PIN is the student’s birth date (mmddyy)
  • Login
  • Click ‘Student & Financial Aid’
  • Click ‘Financial Aid’
  • Click ‘My Award Information’
  • Click ‘Award for Aid Year’
  • Select appropriate academic school year
  • Click ‘Submit’
  • Click the ‘Accept Award Offer’ tab at the top of the screen
  • Select either:
    • Accept Full Amount of All Awards
    • OR Accept/Decline/Decide Later for each specific award
    • OR Accept Partial Amount
  • Submit Decision



Step 2: COMPLETE THE PROCESS FOR SECURING THE LOANS YOU WISH TO TAKE

Entrance Counseling for Student Stafford Loans

  • Go to www.studentloans.gov
    • Sign in with the requested information
    • Select ‘Complete Loan Counseling’(Entrance)
    • Save the confirmation page for your records

 Master Promissory Note (MPN) for Student Stafford Loans

  • Go to www.studentloans.gov
    • Sign in with the requested information
    • Select ‘Complete Loan Agreement’(MPN)
    • Select ‘Subsidized/Unsubsidized’

For Parent PLUS loans

Parent PLUS loans are credit based loans that parents can apply for in addition to Stafford loans

  • Get started: www.studentloans.gov
    • Sign in with the requested information
    • Select ‘Apply for a Direct Plus Loan’
    • Select ‘Direct Plus Loan Application for Parents’
    • Indicate the amount of funds you want to borrow
    • Lawrence Tech will receive an electronic document with the information necessary to process a PLUS loan for you. Be sure to Plus Counseling is required

 

Complete the Parent PLUS Master Promissory Note (MPN)

  • Go to www.studentloans.gov
    • Sign in with the requested information
    • Select ‘Complete Loan Agreement’(MPN)
    • Select ‘PLUS MPN for Parents’
  • The parent who applies for the loan must be the same parent to complete the MPN