PublicationDate: 10/2/98 Summary: Draft Proofs of Master Promissory Note Documents Author: PDD - Policy Development Division/PTAS MPN_VERA.PDF ![]() ![]() ![]() ![]() ![]() ![]() ![]() Posted October 1, 1998 The Department announced the Master Promissory Note process for use in the Direct Loan Program and FFEL Program in the September, 1998, Dear Colleague Letter: ANN-98-10. In order to keep the financial aid community informed of the progress on this initiative, the Department has decided to make the draft proofs of these Master Promissory Note documents available to the public for their information and review. Please note that these forms are not currently available for use, since they have not been cleared by OMB yet. Additionally, reauthorization of the Higher Education Act may require that the Department make changes to these documents. The Department will be providing additional information to the financial aid community as it becomes available. The following draft forms are provided: Direct Loan Program: 1. [[This file contains the Federal Direct Stafford/Ford Loan and Federal Direct Unsubsidized Stafford/Ford Loan Master Promissory Note in Portable Document Format (PDF). It can be viewed with version 3.0 or greater of the free Adobe Acrobat Reader software.]] 2. [[This file contains the instructions for the Federal Direct Stafford/Ford Loan and Federal Direct Unsubsidized Stafford/Ford Loan Master Promissory Note in Portable Document Format (PDF). It can be viewed with version 3.0 or greater of the free Adobe Acrobat Reader software.]] 3. [[This file contains the BorrowerÂ’s Rights and Responsibilities Statement in Portable Document Format (PDF). It can be viewed with version 3.0 or greater of the free Adobe Acrobat Reader software.]] 4. [[This file contains the Disclosure Statement in Portable Document Format (PDF). It can be viewed with version 3.0 or greater of the free Adobe Acrobat Reader software.]] FFEL Program: 1. [[This file contains the Federal Stafford Loan Master Promissory Note in Portable Document Format (PDF). It can be viewed with version 3.0 or greater of the free Adobe Acrobat Reader software.]] 2. Federal Stafford Loan Master Promissory Note Instructions and Notices can be found at the beginning of the Portable Document Format (PDF) file for the Borrower's Rights and Responsibilities. 3. [[This file contains the BorrowerÂ’s Rights and Responsibilities Statement in Portable Document Format (PDF). It can be viewed with version 3.0 or greater of the free Adobe Acrobat Reader software.]] 4. [[This file contains the School Certification Form in Portable Document Format (PDF). It can be viewed with version 3.0 or greater of the free Adobe Acrobat Reader software.]] |