Loan Acceptance Procedures

The procedures for accepting your offered federal loans are:

• Log on SWAN
• Click on DUCK
• Select Financial Aid
• Select Award
• Select Award by Aid Year
• Select Aid Year from drop down box
• Click Accept Award Offer
• Then next to fund select Accept and put the appropriate amount in the box and click Submit Decision

After your loan request is processed by the Financial Aid Office, your request will be transmitted to the Department of Education.

If applicable:

• You must sign a new Master Promissory Note (MPN). This can be done at the same time you accept your loans on the DUCK by clicking the link for the Master Promissory Note (MPN). Please complete your Master Promissory Note at: https://studentaid.gov/mpn/
• You must also complete Entrance Loan Counseling if required at https://studentaid.gov/app/counselingInstructions.action?counselingType=entrance.

Parent PLUS Loan

If you were awarded a Parent PLUS loan, and your parent would like to apply,  please follow the instructions here.

*** Please remember, that you must be enrolled half time (6 hours as an undergraduate or 5 hours as a graduate student) for your federal loans to disburse to your student account.  Please learn more about repeat courses at https://www.clayton.edu/financial-aid/repeated-courses. *** 

Loan requests are normally processed in 3 - 5 business days. Please allow additional time for loan requests to be processed during peak times.

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Other Loan Options

For more information about Private loans, please visit: https://www.clayton.edu/financial-aid/loans/private-loans

For more information about the Georgia Student Access Loan, please visit: https://www.gafutures.org/hope-state-aid-programs/loans/sal/

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***Learn more about your Student Rights and Responsibilities at https://www.clayton.edu/financial-aid/student-responsibilities.***