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Master Promissory Note (MPN)

To simplify the loan process for students, the federal government uses a Master Promissory Note (MPN) for the most common loans. The MPN makes it possible for students to use the same note for up to ten years. This speeds up the process in each subsequent year since the note(s) usually must be completed and approved only in the initial year.

Completing the MPN does not require the student/parent to borrow the loan(s). The borrower will be notified of their loan eligibility each year on the student's financial aid award notification. The student/parent will then be given the opportunity to decline or reduce any loans.

MPN's can be completed and signed electronically using your U.S. Department of Education FSA ID* (username and password). The FSA ID serves as an identifier allowing access to personal information on various U.S. Department of Education websites.

MPN’s can be completed on-line for the following loans.

Entrance Counseling is required before a student can receive their first Federal Direct Stafford Loan.

*If you need assistance with your FSA ID, please watch this tutorial.