How does the MPN make the student loan process simpler for me?
As long as you attend a participating school, you probably will need to sign only one MPN. You’ll get additional Federal Stafford Loans from the same lender throughout your academic career–without submitting additional promissory notes. Your first MPN will be on file when a school requests future loans for you. That should make the loan process faster and simpler. If you use one lender during your academic career, you probably will have only one place to send loan payments. That should make repayment easier and less confusing for you.
