Instructions for the Federal PLUS (Parent) Loan Electronic Master Promissory Note
Do not attempt to complete an MPN before you have been notified by the Office of Student Financial Aid that an MPN is available.
Parent Loan Steps:
- Apply for the PLUS loan online at www.studentaid.gov > Loans and Grants > PLUS Loans: Grad PLUS and Parent PLUS
- Direct Loan Servicing Center performs a credit check for parent borrowing PLUS
- Wait to receive instruction from Marquette to sign the electronic Master Promissory Note, then:
The MPN for the Federal PLUS (Parent) Loan is a promissory note signed over the Web. MPN can be used to make one or more loans for one or more academic years (up to 10 years). Before filling out the MPN at the Direct Loan Promissory Note website, you will need to collect some basic information in advance.
You must complete the MPN all in one sitting - you cannot save your work and return to complete it at a later time. The worksheet can help you do this.
Please keep the worksheet for your records. Do not send the worksheet to Marquette University.