Federal Direct Loan Master Promissory Note Guide New York, DeVry University operates as DeVry...

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Direct Loans is a registered trademark of the U.S. Department of Education. In New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission (HLC), hlcommission.org. Keller Graduate School of Management is included in this accreditation. DeVry is certified to operate by the State Council of Higher Education for Virginia. Arlington Campus 2450 Crystal Dr., Arlington, VA 22202. DeVry University is authorized for operation by the THEC, tn.gov/thec. Nashville Campus 3343 Perimeter Hill Dr., Nashville, TN 37211. 2017 DeVry Educational Development Corp. All rights reserved. Federal Direct Loan ® Master Promissory Note Guide This guide is designed to walk you through how to sign a Federal Direct Loan Master Promissory Note (MPN). Note: You must complete the entire MPN process in one session. Any progress made towards completion will not be saved if you or your parent does not complete the process before leaving the website. Step 1: Visit studentloans.gov and click on Log In. Continued…

Transcript of Federal Direct Loan Master Promissory Note Guide New York, DeVry University operates as DeVry...

Page 1: Federal Direct Loan Master Promissory Note Guide New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission

Direct Loans is a registered trademark of the U.S. Department of Education. In New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission (HLC), hlcommission.org. Keller Graduate School of Management is included in this accreditation. DeVry is certified to operate by the State Council of Higher Education for Virginia. Arlington Campus – 2450 Crystal Dr., Arlington, VA

22202. DeVry University is authorized for operation by the THEC, tn.gov/thec. Nashville Campus – 3343 Perimeter Hill Dr., Nashville, TN 37211. 2017 DeVry Educational Development Corp. All rights reserved.

Federal Direct Loan® Master Promissory Note Guide

This guide is designed to walk you through how to sign a Federal Direct Loan Master Promissory Note (MPN). Note: You must complete the entire MPN process in one session. Any progress made towards completion will not be saved if you or your parent does not complete the process before leaving the website.

Step 1:

Visit studentloans.gov and click on Log In.

Continued…

Page 2: Federal Direct Loan Master Promissory Note Guide New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission

In New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission (HLC), hlcommission.org. Keller Graduate School of Management is included in this accreditation. DeVry is certified to operate by the State Council of Higher Education for Virginia. Arlington Campus – 2450 Crystal Dr., Arlington, VA

22202. DeVry University is authorized for operation by the THEC, tn.gov/thec. Nashville Campus – 3343 Perimeter Hill Dr., Nashville, TN 37211. 2017 DeVry Educational Development Corp. All rights reserved.

Federal Direct Loan Master Promissory Note Guide

Step 2:

Enter your FSA ID Username and Password.

If you do not have an FSA ID, you can register at fsaid.ed.gov o If you are creating an FSA ID for the first time or if you do not link your FSA ID to a previously

existing Federal Student Aid PIN, it could take up to 3 business days for your FSA ID to fully activate and allow you to sign an MPN

If you have an FSA ID but forgot your username or password, visit the Manage My FSA ID page and select Forgot My Username or Forgot My Password to retrieve your login information.

o Manage My FSA ID

Note: An FSA ID will give you access to Federal Student Aid’s online systems and can serve as your legal signature.

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Page 3: Federal Direct Loan Master Promissory Note Guide New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission

In New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission (HLC), hlcommission.org. Keller Graduate School of Management is included in this accreditation. DeVry is certified to operate by the State Council of Higher Education for Virginia. Arlington Campus – 2450 Crystal Dr., Arlington, VA

22202. DeVry University is authorized for operation by the THEC, tn.gov/thec. Nashville Campus – 3343 Perimeter Hill Dr., Nashville, TN 37211. 2017 DeVry Educational Development Corp. All rights reserved.

Federal Direct Loan Master Promissory Note Guide

Step 3:

Once you are signed in, you may be directed to select your communication preferences. Complete the options that best suit you, then click Save and Continue. If you are not directed to this step, continue on to Step 4.

Continued…

Page 4: Federal Direct Loan Master Promissory Note Guide New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission

In New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission (HLC), hlcommission.org. Keller Graduate School of Management is included in this accreditation. DeVry is certified to operate by the State Council of Higher Education for Virginia. Arlington Campus – 2450 Crystal Dr., Arlington, VA

22202. DeVry University is authorized for operation by the THEC, tn.gov/thec. Nashville Campus – 3343 Perimeter Hill Dr., Nashville, TN 37211. 2017 DeVry Educational Development Corp. All rights reserved.

Federal Direct Loan Master Promissory Note Guide

Step 4: Click on Complete Loan Agreement (Master Promissory Note):

Continued…

Page 5: Federal Direct Loan Master Promissory Note Guide New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission

In New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission (HLC), hlcommission.org. Keller Graduate School of Management is included in this accreditation. DeVry is certified to operate by the State Council of Higher Education for Virginia. Arlington Campus – 2450 Crystal Dr., Arlington, VA

22202. DeVry University is authorized for operation by the THEC, tn.gov/thec. Nashville Campus – 3343 Perimeter Hill Dr., Nashville, TN 37211. 2017 DeVry Educational Development Corp. All rights reserved.

Federal Direct Loan Master Promissory Note Guide

Step 5: Select the MPN for Subsidized/Unsubsidized Loans link from the list of options:

Continued…

Page 6: Federal Direct Loan Master Promissory Note Guide New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission

In New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission (HLC), hlcommission.org. Keller Graduate School of Management is included in this accreditation. DeVry is certified to operate by the State Council of Higher Education for Virginia. Arlington Campus – 2450 Crystal Dr., Arlington, VA

22202. DeVry University is authorized for operation by the THEC, tn.gov/thec. Nashville Campus – 3343 Perimeter Hill Dr., Nashville, TN 37211. 2017 DeVry Educational Development Corp. All rights reserved.

Federal Direct Loan Master Promissory Note Guide

Step 6: When the next page loads, fill out the Borrower Information section. Once complete, scroll down to the Student Information section.

Continued…

Page 7: Federal Direct Loan Master Promissory Note Guide New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission

In New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission (HLC), hlcommission.org. Keller Graduate School of Management is included in this accreditation. DeVry is certified to operate by the State Council of Higher Education for Virginia. Arlington Campus – 2450 Crystal Dr., Arlington, VA

22202. DeVry University is authorized for operation by the THEC, tn.gov/thec. Nashville Campus – 3343 Perimeter Hill Dr., Nashville, TN 37211. 2017 DeVry Educational Development Corp. All rights reserved.

Federal Direct Loan Master Promissory Note Guide

Step 7: At the bottom of the same form, choose Illinois for the school state and DeVry University for the school name. Once completed, click on the Continue button.

Continued…

Page 8: Federal Direct Loan Master Promissory Note Guide New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission

In New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission (HLC), hlcommission.org. Keller Graduate School of Management is included in this accreditation. DeVry is certified to operate by the State Council of Higher Education for Virginia. Arlington Campus – 2450 Crystal Dr., Arlington, VA

22202. DeVry University is authorized for operation by the THEC, tn.gov/thec. Nashville Campus – 3343 Perimeter Hill Dr., Nashville, TN 37211. 2017 DeVry Educational Development Corp. All rights reserved.

Federal Direct Loan Master Promissory Note Guide

Step 8:

On the next page, complete all of the fields in the Reference section.

Continued…

Page 9: Federal Direct Loan Master Promissory Note Guide New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission

In New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission (HLC), hlcommission.org. Keller Graduate School of Management is included in this accreditation. DeVry is certified to operate by the State Council of Higher Education for Virginia. Arlington Campus – 2450 Crystal Dr., Arlington, VA

22202. DeVry University is authorized for operation by the THEC, tn.gov/thec. Nashville Campus – 3343 Perimeter Hill Dr., Nashville, TN 37211. 2017 DeVry Educational Development Corp. All rights reserved.

Federal Direct Loan Master Promissory Note Guide

Step 9:

Read each section of the Terms and Conditions. You will not be able to move forward until each section has been expanded and read. After all sections have a green checkmark showing on the right, go to the bottom of the page, mark that you have reviewed all of the information, and click Continue.

Continued…

Page 10: Federal Direct Loan Master Promissory Note Guide New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission

In New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission (HLC), hlcommission.org. Keller Graduate School of Management is included in this accreditation. DeVry is certified to operate by the State Council of Higher Education for Virginia. Arlington Campus – 2450 Crystal Dr., Arlington, VA

22202. DeVry University is authorized for operation by the THEC, tn.gov/thec. Nashville Campus – 3343 Perimeter Hill Dr., Nashville, TN 37211. 2017 DeVry Educational Development Corp. All rights reserved.

Federal Direct Loan Master Promissory Note Guide

Step 10:

Review all of the information you have provided. If it is correct, enter your first name, middle initial and last name into the space provided below. Then click Sign.

Continued…

Page 11: Federal Direct Loan Master Promissory Note Guide New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission

In New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by the Higher Learning Commission (HLC), hlcommission.org. Keller Graduate School of Management is included in this accreditation. DeVry is certified to operate by the State Council of Higher Education for Virginia. Arlington Campus – 2450 Crystal Dr., Arlington, VA

22202. DeVry University is authorized for operation by the THEC, tn.gov/thec. Nashville Campus – 3343 Perimeter Hill Dr., Nashville, TN 37211. 2017 DeVry Educational Development Corp. All rights reserved.

Federal Direct Loan Master Promissory Note Guide

Step 11

Review your Federal Direct Loan MPN before submitting. If the information you filled out is correct, click the Submit button.

Step 12:

Congratulations. You have successfully completed the Federal Direct Loan MPN. Your information will automatically be sent over to the school you selected.