Types of Financial Aid


Master Promissory Note (MPN)

What is a Master Promissory Note (MPN)?

An MPN is a legal document that contains the Borrower’s Rights and Responsibilities and Terms and Conditions for repayment. Direct PLUS and Direct Subsidized / Unsubsidized loans have different MPNs.

Who should complete this?

Students who have not previously received a subsidized/unsubsidized loan or Graduate PLUS loan under the Direct Loan Program. An MPN can also be good for up to 10 years if certain enrollment requirements are met.

Why do I need to complete a Master Promissory Note (MPN)?

The federal government requires you to complete MPN as a binding contract of your promise to repay your student loan(s). An MPN must be completed before a student loan can be disbursed to your student account.

How to complete a Master Promissory Note (MPN):

Step 1: Have the following information with you:

  • Verified FSA ID and password
  • School Code
  • 3 references  

Step 2: Log in here to complete MPN

  • Choose the Direct Loan MPN you want to preview or complete
  • Click on the "Start" button
  • Log in using your FSA ID and password
  • Begin MPN

**You must complete the entire process to receive a “completed” status. If you close your browser without completing, your progress will be lost.

Interested in more information?

Visit https://studentaid.gov/mpn/