Federal Direct Stafford Loan (subsidized and unsubsidized)
The Master Promissory Note (MPN) is a promissory note used to make one or more loans for one or more academic years (up to 10 years). The MPN for the Federal Direct Stafford Loan must be completed before any aid will be disbursed and it is required to be completed one time at Clatsop. Your MPN PIN will be the same PIN you used for the FAFSA application.
Go to https://studentloans.gov to complete the MPN.
It takes approximately 20 minutes to complete the electronic MPN process. There are helpful links within the web site to guide you through the process.
Once you have completed and submitted the Master Promissory Note, it will take approximately 2 weeks for Clatsop to receive the information. Take care to enter correct information when completing the process. Error will cause delays.
*NOTE that if you are a first time borrower and a first time freshman, you will have a 30 day delay on your loan(s).