Loan promissory notes
A promissory note lists the terms under which you are borrowing and agree to pay back a loan.
Federal Direct loan master promissory note
As a Federal Direct Loan borrower, you must sign a Master Promissory Note (MPN) before your loan can be disbursed.
- The Federal Direct Loan MPN is valid for 10 years.
- You only have to sign a Loan MPN once while enrolled at Wayne State University.
- Complete a Direct Loan MPN at studentloans.gov.
- You will need the PIN number you used to file your FAFSA. If you do not have your PIN, see www.PIN.ed.gov for more information.
Federal PLUS loan promissory note
The parent or graduate student borrower must log in at studentloans.gov and complete the Federal PLUS Loan Application and Master Promissory Note.
Note: If you applied for a PIN using your first initial, you must either use the first initial when completing and signing your promissory note or update your PIN at www.pin.ed.gov.
If you are awarded a Federal Perkins Loan, you must complete and sign a Master Promissory Note (MPN) before the loan can be disbursed. The note lists the terms under which you are borrowing and agree to pay back the loan.
Electronic promissory note option
- You can complete and electronically sign the MPN on Pipeline from the “Outstanding Requirements” page after you have accepted your loan offer.
- If you did not include your driver's license information on your FAFSA, you will not be able to sign electronically and must complete a paper promissory note.
Paper promissory note option
Print the copy below. Complete, sign and submit to the proper WSU financial aid office.
Note: You must complete a new Federal Perkins Loan MPN every year. We cannot accept a Perkins promissory note by fax. We must have an original signature.