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Accepting or Rejecting Your Loans

Accepting Your Loans
Students awarded loan funding as part of a financial aid award need to accept or reject these funds as desired by following the steps outlined below.  To reduce the amount of loan funding before accepting please contact us at 1-800-247-7122 or financialaidoffice@gtc.edu.

Accepting Loans on My Gateway:

  1. Log into My Gateway.
  2. Click "Financial Aid".
  3. Click "Financial Aid Home".
  4. Click on "Review and accept your Financial Aid Award Package".
  5. Accept loans as desired.

*If you are accepting loans for the first time at Gateway Technical College you must also complete the items listed below:

Entrance Counseling:

  1. Go to www.studentloans.gov and click "Sign In".
  2. Enter your personal information (you will need to sign-in using your FSA ID).
  3. Verify that your "Personal Information" is correct and provide your email address if it is blank.
  4. Click on "Complete Counseling" on the left-hand menu.
  5. Under the "Entrance Counseling" information click "Start".
  6. When asked for the school, select "Gateway Technical College".
  7. Print or save the confirmation page for your records.

Master Promissory Note (MPN):(If already logged in, skip to Step 4 below)

  1. Go to www.studentloans.gov and click "Sign In".
  2. Enter your personal information (you will need to sign-in using your FSA ID).
  3. Verify that your "Personal Information" is correct and provide your email address if it is blank.
  4. Click on "Complete MPN" on the left-hand menu.
  5. Click on "Subsidized/Unsubsidized".
  6. When asked for the school select "Gateway Technical College".
  7. Print or save the confirmation page for your records.

Students have up to 14 days after notice that the loan funds have been applied to their account to cancel or reduce loans. To cancel or reduce loans, students must email financialaidoffice@gtc.edu.

Rejecting Your Loans

  1. Log into My Gateway.
  2. Click "Financial Aid".
  3. Click "Financial Aid Home".
  4. Click on "Review and accept your Financial Aid Award Package".
  5. Reject loans as desired.