Master Promissory Note

A Master Promissory Note (MPN) must be signed prior to the disbursement of Federal Perkins or University loans to the student account.

Terms

The MPN will cover loans awarded under a specified loan type for up to ten years. Please note, there are separate MPN(s) for Federal Perkins and University loans.

Wait for an Invitation - If you have been awarded a Federal Perkins and/or a University loan, an invitation to electronically sign your MPN will be e-mailed to you in July. You must have an active Penn State Access Account and be registered for classes.

Once you receive the e-mail invitation, complete the following steps:

1. Go to Heartland ECSI’s Electronic Signature Web site
2. Login using your Social Security Number, First Name, Last Name, and Date of Birth
3. Follow the instructions
   • For University loans, you will be prompted to enter a PIN number. This number is provided to you in the e-mail invitation you received

Please contact us if you have any questions concerning your MPN or our electronic signature Web site.

Please note: Federal Direct LoansDirect are not serviced by Student Financial Services. Please refer to the Office of Student Aid for signature procedures regarding your Federal Direct Loans.