You will be required to sign your Direct Loan Master Promissory Note (MPN) if you are a first time borrower, a continuing NU student or a new transfer student,. You are able to visit StudentLoans and finish the MPN electronically.
You shall need/expect the annotated following:
About Federal Direct Loan Interest Levels and Charges
When you yourself have loans from previous years you may possibly have a fixed interest rate of 6.8 percent for loans processed after June 30, 2006 or perhaps a adjustable rate that cannot surpass 8.25 per cent. Continue reading “Scholarships & School Funding. Direct Loan Master Promissory Note”