Ferris State University Big Rapids MI College

Loans
Direct Loan Entrance Counseling/MPN

If you have accepted a federal Direct Subsidized or Unsubsidized Loan, you must complete two electronic processes  - Direct Loan Entrance Counseling and a Direct Loan Master Promissory Note at the link below.  

How Much Does the Average Student Borrow at Ferris

The table below illustrates the amount of loans a student has borrowed based on the type of degree awarded upon graduation.

Average Loan Indebtedness of 2013/2014 Ferris Graduates

Degree Achieved    Average Debt per Student *   
Associate    $20,566   
Bachelors    $27,518   
Masters    $31,270   
Professional    $99,678   

*Average debt includes students who have no loan debt.

How much would my monthly loan payment be based on the averages? Check out our Loan Payment Calculator and find out!

IMPORTANT: You must have your four-digit federal Personal Identification Number (PIN) to complete the Master Promissory Note (MPN). If you have lost or forgotten your PIN, you may request a duplicate PIN, viewable online.

PIN Website

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