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Instructions for Completing Your MPN


Instructions for Completing Your MPN


Mansfield University Code of Conduct

Student Lending Code of Conduct

The Master Promissory Note (MPN)

The Master Promissory Note (MPN) is your official Direct Loan application. By completing it, you agree to your rights and responsibilities as a borrower and consent to Federal Direct Loan funds being transmitted to your Mansfield account. You will only need to complete your MPN once during your enrollment at Mansfield University, unless otherwise notified. Your loan will automatically be renewed each year.

Returning Borrowers:

If you have borrowed a Federal Direct Loan in previous years, filing the FAFSA is the only step needed to renew your loan. You do not need to complete Steps 1 and 2 listed below, unless otherwise notified.

New Borrowers:

To apply for a Direct Loan and have it apply toward your tuition bill, you must complete the following two steps:

Step 1: Complete the online Direct Loan Entrance Counseling Session

The online Entrance Counseling session will explain your rights and responsibilities as a borrower. You should understand the importance of borrowing loan funds before completing your promissory note. You may complete the session by going to the Direct Loan webpage at www.studentloans.gov.

Step 2: Complete the electronic Master Promissory Note (e-MPN)

The electronic Master Promissory Note (e-MPN) is your official Direct Loan application. By completing it, you agree to your rights and responsibilities as a borrower and consent to Federal Direct Loan funds being transmitted to your Mansfield account. You will only need to complete your MPN once during your enrollment at Mansfield University. Your loan will automatically be renewed each year.

While completing your MPN, please keep the following in mind:

You will be asked to select the school that you will be attending. You must select Mansfield University (school code 003324).

You will need your Federal Personal Identification Number (PIN). This PIN was assigned to you when you completed your Free Application for Federal Student Aid (FAFSA). If you do not have this PIN, you may request it at http://www.pin.ed.gov.

You will need the name and addresses of two (2) references. One reference may be a parent.

If you have your PIN and reference information on hand, you may complete your electronic MPN by going to the Direct Loan webpage at www.studentloans.gov.

Click here if you need to apply for a private education loan