Entrance Counseling & Master Promissory Note for Federal Direct Loans
Master Promissory Note (MPN)
A Master Promissory Note (MPN) is a promise to repay all loans plus interest regardless of completion of program and ability to find employment after completion of education. A MPN is good for 10 years at a single institution. If enrollment is interrupted and/or lenders change a new MPN may need to be completed.
If you are experiencing technical difficulties or have questions while completing your MPN click here for help.
Provides useful tips and tools to help students develop a budget for managing education expenses and helps to make students aware of loan responsibilities. Entrance Counseling is required of all first time borrowers.Entrance Counseling and MPN's can be completed at https://studentloans.gov/myDirectLoan/index.action.
Need assistance in completing your EC and/or MPN? Call 1-800-557-7394.