Quicklinks
Contact Financial Aid
Student Financial Assistance Nova Southeastern University Horvitz Admin. Bldg, 1st Flr. 3301 College Avenue Ft. Lauderdale, FL 33314
(954) 262-3380 800-806-3680 Fax: (954) 262-3966
Contact Student Financial Assistance
Once the Federal Direct Loan has been awarded and guaranteed, the Department of Education will send you a notification to complete the MPN. Loan funds will not be disbursed until the borrower completes the MPN.
You are only required to complete an MPN one time as it can be used for up to 10 years of borrowing for educational expenses. A new MPN must be signed is if you cease enrollment for one full academic year or if your MPN has expired after 10 years. Each academic year, all students using the MPN will be notified of their loan eligibility. You may accept, reduce, or decline your loan(s) by logging into your financial aid account in SharkLink.
Student does not have to pay the principal while enrolled at least half-time, but will be charged interest. Student can defer interest but it will be capitalized (added to principal loan balance) later. For information on minimizing your student loan debt by making interest payments while in school, visit the Unsubsidized Direct Loan Scenarios Web page.