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Master Promissory Note and Loan Counseling for Federal Direct Loans

Master Promissory Note (MPN) for Federal Direct Loans

The Master Promissory Note (MPN) is a legal and binding document in which you agree to repay your student loan. Under this note, you may receive multiple subsidized and unsubsidized Federal Direct loans over a maximum of 10 years. The advantage of using the MPN is that a new promissory note will not need to be signed for each new loan. The Master Promissory Note must be completed with the Department of Education for all students who have never received a Federal Direct Loan before.

Entrance Loan Counseling (ELC)

First time loan borrowers must complete the Entrance Loan Counseling (ELC) before the loan will be disbursed to your student account.

Exit Loan Counseling

You will need to complete this within 30 days of graduating from NDSU. 


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North Dakota State University
Phone: +1 (701) 231-6200 / Fax: (701) 231-8297
Campus address: Memorial Union 176
Physical/delivery address: 1401 Administration Ave., Fargo, ND 58102
Mailing address: NDSU Dept. 2836 / PO Box 6050 / Fargo, ND 58108-6050
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Last Updated: Tuesday, January 02, 2018 3:14:59 PM
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