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A Master Promissory Note (MPN) is a legal document that must be signed to obtain a Direct Loan. This lesson provides you with information about Direct Loan Master Promissory Notes and the different ways they can be processed within EDExpress.
To understand Master Promissory Notes and how they are used within EDExpress, you will:
· Define Master Promissory Note (MPN)
· Understand MPN Processing in EDExpress