/ What is a Master Promissory Note (MPN)?

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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 Department of Education. It also explains the terms and conditions of your loan(s).  When you borrow a Direct Loan for the first time, you must complete an MPN.

Posted in: Direct Stafford Loan

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