Financial Aid Office

HomeReceiving Your AidAbout Master Promissory Notes

Parents and students who are borrowing for the first time through the Direct Loan Program (also known as Stafford loans) must complete a Master Promissory Note (MPN) in order to receive their loan funds. The Master Promissory Note authorizes the university to credit the loan funds to your FMU student account for multiple years.

The person borrowing completes the Master Promissory Note: Parents for a Direct PLUS loan; graduate/professional students for Direct Grad PLUS loans; and students for a Direct Loan (subsidized or unsibsidized).

If you have Federal Direct Loans, you will need to complete your Direct Loan Master Promissory Note online at (Instructions below.)
Once you complete the Master Promissory Note process, you will not have to complete another MPN for the duration of your Florida Memorial University education. Notes: If you have previously signed a Direct Loan MPN at FMU, you do not need to sign another one to receive Direct Loan funds unless you have been out of school for one year or more. (If you sign a Master Promissory Note one year and do not want additional loans, you must decline the loan the following year or it will be paid out to you.)
For more details about each of these federal loan programs, see the links below:

  • Federal Direct Loans (subsidized and unsubsidized)


Before completing the MPN, be sure you have collected this information:

  • A Department of Education Personal Indentification Number: You will need to have a Personal Identification Number (PIN) issued from the U.S. Department of Education to complete the promissory note on the web. If you do not already have a PIN number, you should apply for one immediately. It takes up to 3 business days to receive your PIN information by email and 7-10 business days to receive it by regular mail. If you already have a PIN number, but you cannot locate it, click here. (Note that your PIN is NOT the same as the DRN number shown on your Student Aid Report.)
  • Your Social Security Number
  • Your permanent address and telephone number
  • Your driver’s license number
  • Names, addresses, and phone numbers for two references