REVISED MASTER PROMISSORY NOTES FOR DIRECT LOANS

The Office of Management and Budget approved revised versions of the Master Promissory Notes for Direct Subsidized, Unsubsidized and Direct PLUS loans. The new MPN’s available in paper format expire on July 31, 2022.  The Plain Language Disclosures have also been updated.

Federal Student Aid made these available on StudentAid.gov on April 26, 2020 and provided guidance for schools who wish to print and use the paper versions.