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Bookmark or Share- Federal Student AidThe 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. It also explains the terms and conditions of your loan (s). Graduate/professional students may be eligible for both Direct Unsubsidized Loans and Direct PLUS Loans, which have ...
- Federal Student AidPLUS MPN for Parents. 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. It also explains the terms and conditions of your loan (s). You may receive more than one loan under an MPN over a period of up to 10 years to pay for your ...
- What Is a Student Loan Master Promissory Note? | LendEDUA master promissory note can act as the loan agreement for multiple federal student loans throughout your education. Individual promissory notes for private student loans, and other types of loans, need to be issued for each loan a borrower takes out.
- What is a Master Promissory Note? - Saving for CollegeYour Master Promissory Note will include the details of your loans from the government, including how the interest will be calculated, loan limits, and more. You’ll also learn what you can use your student loan for, such as tuition and room and board, as well as future repayment options.
- Federal Student AidLearn how to sign a master promissory note for federal student loans. Find out the requirements and benefits of MPN.
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