If you are only applying for federal and state grants,

you do not need to complete the MPN and may proceed to the next step.

• This step will take you about 15 minutes to complete.
• Please sign with your PIN# for the fastest processing.
• If you wish to mail in your signed MPN, mail it directly to the lender, not to Montreat College.
• Apply for the Stafford Loan.
• If you stop part way through, you will need to start over upon returning to the MPN application.

The Master Promissory Note ("MPN") is a multi-year binding document that must be signed by the student borrower before Montreat College can certify the loan. The MPN states the terms and conditions of the loan including repayment schedule, interest rate, deferment, and cancellation policy.
If you have another MPN at another college, you must still fill out a new one with Montreat College.

Due to the multi-year feature of the MPN you will be able to receive Federal Stafford Loans without having to sign additional promissory notes as long as you remain eligible for Federal Stafford Loans and remain with the same lender for up to 10 years.

You should keep a copy of this document for your records until your loan has been repaid.
Opening of the MPN website will open a separate browser window. When you have completed the MPN, close the MPN window and return to this page.

(Please note: Montreat College school code is 002948).

Preferred Lender Statement

The Financial Aid Office at Montreat has selected a diverse list of lenders that offer the highest level of service and other benefits for our students. We build our list each year based on a number of considerations which include: Ease of processing, borrower benefits, customer service to both the student and school and whether or not the lender sells its loans. Students have the right to choose any lender that participates in the federal student loan program and we are required to accommodate the student if he/she chooses a lender not on our list. However, we feel that a preferred list is a helpful tool for students because the Financial Aid Office has investigated and determined that the listed lenders strive for excellence and will service our students with excellence during all stages of the student loan process. These lenders will also enable us to live out our promise and mission statement of being "Christ-Centered, Student-Focused, and Service-Driven" as they are all highly professional and are trusted to serve our students well.

If you would prefer to use a lender who is not on our lender list, please contact that lender for their Stafford MPN instructions.

The information in this list has been provided by each lender and is subject to change at any time. Accordingly, neither ECMC nor the school can verify the accuracy of the information or how current it may be.