A-Z Index

Student and Parent Loans

Student Loans

To accept loans offered on your award letter:

  • Log in to your CatPAWS account and accept loan(s).

  • Complete Entrance Counseling Session. As a first-time borrower at Northwest, you must complete an Entrance Counseling Session before student loan funds will credit to your student account. The Financial Assistance Office will electronically receive a list of those students who successfully complete the counseling.

  • Complete Master Promissory Note (MPN). This must be completed by first-time borrowers before loan funds are disbursed to your Northwest account. Allow approximately 3-5 business days after accepting on CatPAWS before attempting to complete the MPN.

  • Complete Loan Exit Counseling. Students who have received ANY federal direct loan funds during their enrollment at Northwest must complete an Exit Counseling Session before leaving the University if they will be graduating at the end of the current semester, transferring, or enrolled in less than half time (6 hours). You will use your FSA ID to access the Exit Counseling information.

Parent Plus Loans

  • To apply for a Parent PLUS Loan: Your parent should go to, select the APPLY FOR AID menu, the select Apply for Parent PLUS Loan (3rd link). Your parent will then click "LOG IN TO START" and complete the application after logging in with their FSA ID. If the parent who signed the FAFSA is not the one completing the PLUS Request, the other parent can request an FSA ID at,
  • If the credit decision is approved: When an approved credit decision acknowledgment is received the parent can then complete a Master Promissory Note (MPN) on-line at Upon request, we will mail him/her a paper MPN to be signed and returned to the Office of Scholarships and Financial Assistance.

  • If the credit decision is denied: If the the parent did not indicate their choice, they will be mailed a letter indicating the options that are available to them. When a negative credit decision is received, our policy is to move eligibility to additional Unsubsidized Loans for the student unless the parent has indicated that they wish to pursue one of the other options. A maximum of $4,000 for freshmen and sophomores and $5,000 for juniors and seniors may be awarded.

Additional Loan Tools

  • Loan consolidation calculator: Allows borrowers to estimate the repayment period, interest rate, and repayment schedule if they consolidate

  • Deferment navigator: Allows borrowers to determine deferment eligibility based on when their oldest outstanding loan was disbursed

  • Student loan repayment calculator: Allows borrowers to estimate payments on federal student loans, as well as determine how much salary is needed to support student loan debt

  • Income-based repayment calculator: Allows borrowers to estimate monthly payment amounts under the income-based repayment plan


Students who are planning to become teachers in low income areas and high need fields may be eligible for the Teacher Education Assistance for College and Higher Education (TEACH) Grant.