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Master Promissory Note (MPN)

Before a student or a parent receives loan funds, they typically have to undergo loan counseling and the student and parent must sign promissory notes.

The student and parents are required to complete one promissory note for each type of loan.

Such promissory notes will remain on file with the loan servicer and stay active for your subsequent loans at UW Oshkosh (up to 10 years). This note is called a Master Promissory Note (MPN).

When you sign the MPN, you are confirmed your understanding that UW Oshkosh may make new loans for you for the duration of your education without having you sign another promissory note.

You are also agreeing to repay your lender, the U.S. Department of Education, all loans made to you under the terms of the MPN. Therefore, it is important that you thoroughly read and understand all of the information on the MPN before you sign it or submit online.

The entire online MPN (eMPN) process must be completed in a single session, so be sure you have enough time before you start.

If you have all of the necessary information to complete the MPN before you begin, the process takes approximately 20 minutes to complete. If you exit the site before submitted your MPN, you have to start from the beginning when you return to the site.

The eMPN must be signed with your FSA ID (replaces your Department of Education PIN).