Loan Process


Wartburg College uses the William D. Ford Federal Direct Loan Program.  There are two easy steps for you to complete the process.  Both steps are completed on the same website so read through the directions prior to following the links.

Step 1:  Financial Aid will originate your Federal Direct Loan once you have registered for classes and have completed an electronic Master Promissory Note (eMPN).  This eMPN will be used for all subsidized and unsubsidized Federal Direct loans.  This form needs to be completed ONCE at Wartburg. Subsequent Stafford loans accepted by you will be automatically processed under the same eMPN in future academic years.  Complete Federal Direct Loan eMPN.

Step 2:  In order to receive Federal Direct Loan funds on your student account you will need to complete an Entrance Counseling session. You will need to SIGN IN and select the Entrance Counseling option to begin the process.  You will complete this process only ONCE at Wartburg. Upon completion of the eMPN and Entrance Counseling loan funds will be disbursed through an electronic funds transfer (EFT) to your student account at the beginning of each term.


Parents: Wartburg College participates in the William D. Ford Federal Direct Loan Program.  If you wish to borrow on behalf of your son or daughter in the federal Parent Loan for Undergraduate Students (PLUS) program please complete the following the steps.

Step 1: All NEW and PREVIOUS parent borrowers will need to complete a PLUS loan application AFTER JULY 1. The application process determines credit eligibility. You will be required to use your FSA ID . Complete the federal PLUS application.

Step 2:  All NEW and PREVIOUS parent borrowers will also need to complete a PLUS loan request form. This form needs to be completed each time you wish to borrow a new amount.  Once completed, please fax or mail this form to the Financial Aid Office.

FOR NEW BORROWERS ONLY: Step 3:  All NEW Parent borrowers need to complete an eMPN.  You will be required to use your federal FSA ID to complete the eMPN.

Loan RegulationsWartburg College is required by federal regulations to comply with individual lender terms and cannot certify a loan for more than your eligibility as determined by the student cost of attendance minus any other available financial aid. Wartburg College does not participate in revenue-sharing practices, referral fee arrangements, or private loan application fee payments. Student borrowers of the William D. Ford Federal Direct Loan Program who are graduating, leaving school, or dropping below half-time enrollment are required to complete an Exit Counseling session.

Code of Conduct for Educational Loans

Iowa Code Section 261F.2 and Title 34 of the Code of Federal Regulations, Section 601.21, require the development, administration, and enforcement of a code of conduct governing educational loan activities. Our officers, employees, trustees and agents, including the alumni association, booster club, and other organizations associated with Wartburg College, agree to the provisions of this Code of Conduct and will refrain from:

  • Refusing to certify or delaying the certification of an education loan based on a borrower’s choice of lender.
  • Assigning a first-time borrower to a particular private education loan lender through the student’s financial aid award or another means.
  • Packaging a private education loan in a student’s financial aid award, except when the student is ineligible for other financial aid, has exhausted his or her federal student aid eligibility, has not filed a Free Application for Federal Student Aid, or refuses to apply for a federal student loan. 
  • Accepting impermissible gifts, goods, or services from a lender, lender servicer, or guarantor.  The institution may accept default prevention, financial literacy, or student aid-related educational services or materials, or other items of a nominal value.
  • Accepting philanthropic contributions from a lender, lender servicer, or guarantor that are related to the educational loans provided by the entity that is making the contribution.
  • Serving on or otherwise participating as a member of an advisory council for a lender, lender affiliate, or lender servicer.
  • Accepting from a lender or its affiliate any fee, payment, or other financial benefit as compensation for any type of consulting arrangement or other contract to provide education loan-related services to or on behalf of the lender.
  • Accepting fees or other benefits in exchange for endorsing a lender or the lender’s loan products.
  • Requesting or accepting an offer of funds for private education loans from a lender, in exchange for our promise to provide the lender with placement on a preferred lender list, or a certain number of volume of private education loans.

This institution is committed to providing the information and resources necessary to help every student achieve educational success.  To accomplish this goal the financial aid staff will consider each student’s individual needs.

A comprehensive Code of Conduct (PDF) detailing permissible and impermissible activities is available online for review.