Next steps for Perkins borrowers

1. Promissory Notes - If your financial aid award includes a Federal Perkins Loan, you will need to complete an electronic Master Promissory Note on line at https://www.acs-education.com/CS/Jsp/cpsesign/welcome.jsp Your promissory note is a multi-year note designed to cover the maximum loan amount you are eligible to receive for all years of enrollment at UCR. You will receive a disclosure statement each year identifying the exact amount disbursed to you. This requirement applies to both new and repeat borrowers who receive Perkins Loans in 2008-09.

2. Loan Entrance Counseling - All Perkins Loan recipients are required to complete loan entrance counseling annually prior to disbursement of your loan funds. Pre-loan counseling is available online at
https://www.fc.campusoncall.com/cgi-bin/home.pl?campus=ucr . We recommend that you access this web site to complete loan entrance counseling as soon as possible. No loan funds will be applied to payment of fees or disbursed in financial aid refunds until loan entrance counseling has been completed . Questions regarding pre-loan counseling may be directed to the Student Business Services Office at (951) 827-3200.

If you wish to use your Perkins Loan funds to pay your fall fees, please complete these steps no later than September 10, 2008.