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The document is a Master Promissory Note (MPN) for Direct Subsidized and Unsubsidized Loans under the William D. Ford Federal Direct Loan Program. It outlines the borrower's responsibilities, eligibility criteria, loan terms, interest rates, repayment options, and conditions for loan cancellation or discharge. The MPN serves as a legal agreement between the borrower and the U.S. Department of Education, detailing how loans can be used for educational expenses and the consequences of defaulting on payments.

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Click 'Get Form' to open the Master Promissory Note in our editor.
Begin by entering your personal information in the 'Borrower Information' section. This includes your name, permanent address, Social Security Number, date of birth, and contact details.
Next, provide reference information. List two individuals with different U.S. addresses who have known you for at least three years. Ensure that one is a parent or legal guardian.
In the 'School Information' section, your school will fill out necessary details regarding your eligibility for loans.
Review the 'Borrower Request, Certifications, Authorizations, and Understandings' carefully. Confirm that you understand and agree to all terms before proceeding.
Finally, sign the document electronically and enter today's date in the designated fields to complete your submission.

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