Completing the Master Promissory Note
and Entrance Counseling
First-time borrowers of Federal Direct loan programs must sign a Master Promissory Note (MPN) as well as complete an
Entrance Counseling Session, two documents in which the lender communicates rights, responsibilities, loan terms, and
obligations to the borrower.
Federal Perkins Loans
Federal Perkins Loan borrowers must complete a Master Promissory Note in person at the
Office of the Controller after the student registers for the term.