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Federal Stafford Loan Master Promissory Note

Federal Stafford Loan Master Promissory Note 2025

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The document outlines the Federal Family Education Loan Program (FFELP), specifically focusing on the Federal Stafford Loan Master Promissory Note. It details borrower information requirements, loan eligibility, terms and conditions for subsidized and unsubsidized loans, repayment obligations, interest rates, and borrower rights and responsibilities. The document emphasizes the importance of accurate information submission, potential penalties for misrepresentation, and provides guidance on loan cancellation, deferment, forbearance options, and consequences of default.

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Click ‘Get Form’ to open the Federal Stafford Loan Master Promissory Note in the editor.
Begin by entering your personal information in the Borrower Information section. Fill in your last name, first name, middle initial, Social Security Number, and permanent address. Ensure all details are accurate to avoid processing delays.
Provide your contact information including your phone number and email address. This is essential for communication regarding your loan status.
Complete the References section by listing two individuals with different U.S. addresses. The first reference should ideally be a parent or legal guardian.
In the Requested Loan Amount section, indicate the total amount of subsidized and unsubsidized loans you wish to request. Remember that your school will inform you of your eligibility.
Read through the Borrower Certifications and Authorizations carefully before signing. This confirms that all provided information is true and complete.
Finally, sign and date the form at the bottom to complete your application process.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How long does it take for school to receive a master promissory note?

It takes about 1-2 business days for the financial aid department to see that a student has completed the Master Promissory Note and Entrance Counseling.

What is a stafford loan master promissory note?

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.

How to obtain a master promissory note?

Go to Click on Im in School drop down. Click on Loan Agreement (Master Promissory Note) Click on Start for MPN for Subsidized/Unsubsidized loans.

How do I obtain a promissory note?

Navigate to your loan documents to find the MPN. You can then view, download, or print a copy for your personal records. With a private student loan, your lender will typically provide you with a copy of the promissory note, along with several other documents, when they finalize the loan.

How do I get a copy of my master promissory note?

You can get a copy of your Master Promissory Notes by going to studentloans.gov and entering your FSA ID. Click on Completed Master Promissory Notes under the menu bar heading that says My Loan Documents. The completed Master Promissory Notes will appear, and you can download them directly.

Do all student loans require MPNs?

All borrowers need to complete an MPN before they can receive a federal student loan. Some circumstances may require you to sign an MPN more than once: If youre receiving a type of loan for which you havent signed an MPN previously. If your school requires you to sign a new MPN each academic year.

Federal Stafford Loan Master Promissory Note 2025

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