What is a Master Promissory Note (MPN) for graduate students?
The MPN is a legal document that you promise to pay back your loan and any accrued interest plus fees to the US Department of Education and it explains the terms of your loan.
Are there different MPNs for different types of loans such as Direct Unsubsidized and Direct PLUS Loans?
Yes, each type of loan has a different MPN that you have to sign.
================
When would I use an MPN for Direct PLUS Loans?
Use the MPN for Direct PLUS Loans which are available to those who are eligible.
================
Who should complete this DEMO?
================
Do you know it will take 30 minutes?
No, did not know that.
================
What do I need for access?
You would need a verified username and password FSA ID to access it.
