Financial Aid Tutorials

Entrance Counseling and Promissory Note: First-time Federal Direct loan borrowers must complete both Entrance Loan Counseling and a Subsidized/Unsubsidized Master Promissory Note (MPN) through the Student Loans website. Entrance Counseling provides a better understanding of your responsibilities and obligations by borrowing student loans

FAFSA CompletionSubmitting the Free Application for Federal Student Aid (FAFSA) is the first step required to apply for Financial Aid. 

Financial Aid Award: Acceptance & E-Refunding: All Federal Stafford Loans and work study must be either accepted or declined through your myMadisonCollege Student Center. Learn how to accept and decline, and set up electronic refunding online through your Student Center. 

Grant Student PermissionsLearn how to grant student permissions using the Student Center. This process is only applicable to students receiving financial aid. 

IRS Data Retrieval ToolThe IRS Data Retrieval tool is available to pull data directly from a filed tax return for use on your FAFSA application.

PlannerLearn how to use your Academic Planner in the myMadisonCollege Student Center to plan out your courses for the current and upcoming terms.

Tax Return TranscriptStudents who are selected for verification may be required to submit a copy of their and/or their spouse's federal income tax return transcript(s) for the correct year. View this tutorial to learn how to request a Tax Return Transcript from the IRS.


If you have additional questions, visit askMadisonCollege to view frequently asked Financial Aid questions, or contact the Enrollment Center at (608) 246-6210.