/ Will I need to complete a Master Promissory Note every year?

Print Friendly

In most cases, once you’ve submitted the MPN and it’s been accepted, you won’t have to fill out a new MPN for future loans you receive unless the PLUS loan was endorsed. The MPN for a PLUS loan that was endorsed is only valid for one loan. Otherwise, you may borrow additional Direct Loans on a single MPN for up to 10 years.

Posted in: PLUS

Leave a Reply