If you borrow Direct Subsidized Loans, Direct Unsubsidized Loans, or a Direct PLUS Loan, you are required to complete a Master Promissory Note (MPN) before receiving your first loans. It is a legal document in which you promise to repay the loan(s) and any accrued interest and fees to the lender or loan holder. There is one MPN for Direct Subsidized/Unsubsidized Loans and a different MPN for Direct PLUS Loans.
(For students eligible for Interim Exceptions)
Once completed, allow 1-2 business days for your MPN to be received by the Office of Financial Aid.