Comment Request: William D. Ford Federal Direct Loan Program (Direct Loan Program) Promissory Notes and Related Forms

Publication Date
June 21, 2022
Subject
Comment Request: William D. Ford Federal Direct Loan Program (Direct Loan Program) Promissory Notes and Related Forms
FR Type
Notice

This is a request for comment on updates to the Subsidized/Unsubsidized Master Promissory Note (MPN) and the Consolidation Note by removing information related to the 150% Subsidized Usage Limit requirements. This previous statutory provision was repealed and no longer applies to borrowers of Direct Subsidized Loans and Direct Consolidation Loans. There are no proposed changes to the PLUS MPN or to any of the other forms included in this submission.

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