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 studentaid.gov/mpn/.
- You will need the FSA ID that you used to file your FAFSA.
Federal PLUS Loan promissory note
The parent or graduate student borrower must log in at studentaid.gov/mpn/ and complete the Federal PLUS Loan Application and Master Promissory Note.