Master Promissory Note

Every student loan borrower must complete a Master Promissory Note (MPN) to receive funding. This is the legal contract that assures the loan will be repaid. Once completed, MPN's are valid for both the current and future years.

New borrowers at ISU need to complete this step. Lenders usually mail your MPN to your home address once ISU processes your loan request.

Those lenders listed below also offer the ability to do the MPN electronically over the internet. You may link from their name below to attempt to do your online MPN. If you experience difficulty in completing your MPN online, please call your lender to have them mail a paper MPN to you.

If you previously borrowed a Federal Stafford loan or Federal PLUS loan and completed a Stafford Master Promissory Note (MPN) or Federal PLUS Master Promissory Note (MPN), you do not need to complete another MPN for each subsequent academic year.

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