National Student Loan Data System

The National Student Loan Data System (NSLDS) is the U.S. Department of Education's (ED's) central database for student aid. NSLDS receives data from schools, guaranty agencies, the Direct Loan program, the Pell Grant program, and other Department of ED programs. You can find a detailed history of your federal student loans on this site. MSOE is required to inform student/parent borrowers that the loan will be submitted to NSLDS and will be accessible by guaranty agencies, lenders, and institutions determined to be authorized users of the data system.

Federal Direct Loan Exit Counseling

All borrowers graduating or withdrawing from MSOE who received a Federal Direct Loan from MSOE are required to complete the Federal Direct Loan Exit Counseling. Exit counseling helps you understand your rights and responsibilities as a student loan borrower as well as provide useful tips and information to help you manage your loans. Complete Federal Direct Loan Exit Counseling here.

Students have a six month grace period, after dropping below half-time enrollment, before beginning to make payments on their Federal Direct Loans.

Perkins Loan Exit Counseling

Perkins loan exit counseling is required for all students who leave MSOE and have borrowed Perkins loans.  MSOE is partnered with University Accounting Service (UAS).  Students can complete exit counseling online at UAS to fulfill their exit counseling requirements, learn more about loan repayment, and familiarize themselves with UAS.  Please complete exit counseling at the following site:

Find Your Federal Loan Servicer

Information contained on the NSLDS database reflects the most current data for federal student loans. The data contained on the NSLDS site is for general information purposes only and should not be used to determine eligibility, loan payoffs, over payment status, or tax reporting. Please consult MSOE’s Financial Aid Office or the specific holder(s) of your debts for further information.

Repayment Calculator

This student loan payment calculator computes an estimate of the size of your monthly loan payments. This loan calculator can be used with Federal education loans (Subsidized/Unsubsidized, Perkins and PLUS) and most private student loans.

Federal Loan Repayment Options

There are several repayment options available that are designed to meet the individual needs of borrowers. Your loan servicer can help you understand which repayment options are available to you. Generally, you’ll have 10 to 25 years to repay your loan, depending on the repayment plan that you choose. Learn more about your repayment options.