Hello, I would like you to help me choose the direct loan MPN
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are you an undergraduate student?
no
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Are you a graduate / professional student?
yes
Find and use the MPN you need as a graduate or professional degree student to obtain federal student loans. Graduate / professional students may be eligible for unsubsidized direct loans, direct PLUS loans, or both. You must complete an MPN for each type of loan you want to receive.
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Can you tell me what a Master Note is?
The Master Promissory Note MPN is a legal document that promises to pay your loan and accrued interest and fees to the US Department of Education.
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And what about the parents of a university student?
Use this MPN for direct PLUS loans available to eligible parents of eligible dependent undergraduate students.
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and can i receive more than one loan?
It also explains the terms and conditions of your loan. You may receive more than one loan under an MPN over a period of up to 10 years to pay for your or your child's educational costs, provided the school is authorized to use the MPN in this manner and chooses to do so. The school will inform you what loans, if any, you are eligible to receive.
