Application Process & Promissory Notes

All students and parents borrowing for the first-time must complete a master promissory note (MPN) before loan funds can disburse. A master promissory note is completed online and can be used to make multiple disbursements for up to ten years. By signing the MPN, you agree to repay the loan under the terms of the program.

Federal Direct Loan

  • Complete the MPN for Federal Direct Subsidized and Unsubsidized loans online at studentaid.gov. Both loans will use the same MPN.
    • Log in using your FSA ID Username, Email, or Mobile Phone and Password
    • Select Start for MPN for Subsidized/Unsubsidized Loans

Federal Parent PLUS

The processing cycle for the summer and following academic year begins May 1. Parents may complete the Federal Direct Parent PLUS Application and MPN any time after that date.

  • Complete the PLUS Application online.
    • The parent borrower should log in.
    • You will need to request a Parent PLUS loan each academic year or semester if you choose not to apply for the full year. You are strongly encouraged to apply for the entire academic year.
    • After completing the PLUS Application, first-time parent borrowers need to complete the PLUS MPN for Parents.
    • Enter the required information. Be sure to provide student information under the student section and parent information under the borrower information section.

During the application process, you will be asked to indicate how much you intend to borrow. You have the option of selecting: the maximum amount you are eligible for, a specific amount, or an unknown amount. If you indicate an unknown amount, the loan will be processed for the maximum amount. The maximum amount will be the difference between the student’s Estimated Cost of Attendance and any aid they are receiving.

A PLUS MPN for a loan without an endorser is valid for up to 10 years from the original signature date. When an endorser is needed, a borrower must complete a new PLUS MPN for each loan.  In addition, the endorser needs to complete an addendum. They will need an FSA ID Username to complete the Addendum electronically.  Otherwise, they can Print Endorser Addendum.

To confirm the PLUS application and MPN have been completed, review your dashboard on studentaid.gov.  Select the View Your Documents Resource. You must be logged into the site to see your dashboard.

Federal Graduate PLUS

The processing cycle for the summer and following academic year begins May 1. Graduate/Professional students may complete the Federal Direct Grad PLUS Application and MPN any time after that date.

  • Complete the Grad PLUS Application online.
    • The borrower should log in.
    • You will need to request a Graduate PLUS loan each academic year or semester if you choose not to apply for the full year. You are strongly encouraged to apply for the entire academic year.
    • After completing the PLUS Application, first-time Graduate PLUS borrowers need to complete the PLUS MPN for Graduate/Professional Students.
    • Enter the required information.

During the application process, you will be asked to indicate how much you intend to borrow. You have the option of selecting: the maximum amount you are eligible for, a specific amount, or an unknown amount. If you indicate an unknown amount, the loan will be processed for the maximum amount. The maximum amount will be the difference between your Estimated Cost of Attendance and any aid you are receiving.

A PLUS MPN for a loan without an endorser is valid for up to 10 years from the original signature date. When an endorser is needed, a borrower must complete a new PLUS MPN for each loan.  In addition, the endorser needs to complete an addendum. They will need an FSA ID Username to complete the Addendum electronically.  Otherwise, they can Print Endorser Addendum.

To confirm the PLUS application and MPN have been completed, review your dashboard on studentaid.gov.  Select the View Your Documents Resource. You must be logged into the site to see your dashboard.

Federal Nursing Loan

Students who are offered and accept a Federal Nursing Loan will need to complete a Nursing Master Promissory Note (MPN) each time a new loan is offered. Review additional information and instructions by selecting the individual link for this program under the Award Column on your PAWS account.

Promissory notes must be completed within 30 days or the loan will be canceled.

If you have questions about your Federal Nursing loan:

  • For questions regarding a current semester loan, contact the Financial Aid Department at 414-229-4541.
  • For questions regarding repayment or prior year loans, contact the UWM Accounts Receivable Office at 414-229-4915.
  • If you need a copy of your MPN, contact the Accounts Receivable Office in Mitchell Hall, Room 295.