Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How will American Student Assistance know that it is me electronically signing the MPN?

0
Posted

How will American Student Assistance know that it is me electronically signing the MPN?

0

For student Stafford Borrowers, the electronic signature process authenticates your identity using the FSA PIN (Federal Student Aid Personal Identification Number). The U.S. Department of Education provides a PIN to individuals who file the Free Application for Federal Student Aid (FAFSA). You should make sure you have your FSA PIN available when you e-Sign your Stafford MPN. For PLUS MPN’s, borrowers are authenticated and allowed to electronically sign in 1 of 2 ways. The first is through the credit check that ASA performs for the borrower’s pre-approval. If a credit check already exists for that borrower, ASA uses a second transaction with our credit agency called “Trace +”. This is a non-credit check transaction.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123