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). Unless your school does not allow more than one loan to be made under the same MPN, you can borrow additional Direct Loans on a single MPN for up to 10 years.
The entire MPN process must be completed in a single session. Each MPN takes approximately 30 minutes to complete.
In this process, you will complete the following steps:
To complete your MPN, please visit studentloans.gov.