Note: If you completed a Direct Loan Master Promissory Note (MPN) in a prior academic year at Stanford, you do not need to complete a new MPN. Your existing MPN covers your Direct Loan borrowing for up to ten years.
Continue with Steps 2, 3 and 4, including the electronic signature. You will have the opportunity to print a copy of your completed, signed MPN. The Stanford Financial Aid Office will be notified when you have completed and signed your MPN.
If you have questions about completing your MPN, you can call Direct Loan Applicant Services at (800) 557-7394 or contact the Stanford Financial Aid Office.
Note: If you have not already done so, please complete your Direct Loan Entrance Counseling requirement on this same website.
Loans are generally divided evenly over the three quarters of the academic year. If your promissory note is complete and you have enrolled for courses, your loan funds will be applied to your University bill a few days prior to the beginning of each quarter. If the quarter has already begun, you can monitor your loan disbursements in AXESS.
Last update: February 1, 2010 12:39 PM