You can use one to determine how much you're paying each year toward the loan and other important details. The easiest option is to use an online promissory note template. If you want to be sure ...

A Master Promissory Note (MPN) is an agreement between you and the government to repay your debt. You agree to only use loan funds for authorized academic expenses when you sign an MPN.

All first-time Stafford Loan and borrowers must complete entrance counseling and sign a Master Promissory Note (MPN) for each type of loan. These interactive counseling sessions will help you to ...

A promissory note is your "I owe you" contract-think of it as your handshake with the lender, locking in your commitment to pay back the principal, plus interest, on a set schedule. The MPN?