Complete your Master Promissory Note (MPN) to acknowledge the terms and conditions of your federal student loans.

The Master Promissory Note (MPN) is a legal document in which you promise to repay your loan (s) and any accrued interest and fees to the U.S. Department of Education.

Find and use the MPN that you need as a graduate or professional degree student to borrow federal student loans. Graduate/professional students can be eligible for Direct Unsubsidized …

Learn about the Master Promissory Note (MPN) for federal student loans, including its purpose and how to complete it.

This MPN can be used to make multiple loans to you to pay your educational expenses over a period of up to 10 years. If you do not want to receive more than one loan under this MPN, you …

The BRR is considered to be part of the MPN. Whenever we refer to the MPN, the term "MPN" includes the BRR. We contract with servicers to process Direct Loan payments, deferment and …

To take out a Direct PLUS Loan for the first time, you must complete a PLUS Application and Master Promissory Note (MPN). The MPN is a legal document in which you promise to repay …

Aug 1, 2025 · The life cycle of a student loan begins when you sign the Master Promissory Note (MPN) and lasts until you make the final payment. Taking out student loans is a major step in …

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The Direct PLUS Loan MPN explains all of the terms and conditions of Direct PLUS Loans and is your legally binding agreement to repay all Direct PLUS Loans you receive under the Direct …