Beginning July 1, 2004 all Federal PLUS Loan applicants will be required to complete a PLUS Master Promissory Note (MPN). This note incorporates multi-year functionality that will allow the parent to borrow for multiple years without having to complete a PLUS MPN for each requested loan amount. The PLUS MPN is valid for up to ten years, provided that the parent borrows within one year from the date the note was signed and the borrower uses the same lender and guarantee agency for each requested amount. If you have more than one student, you will need to complete a separate PLUS MPN for each student. To complete a PLUS MPN, select one of the lenders listed below and you will be directed to the appropriate agency's online PLUS MPN application page. This online MPN can be completed and signed using the PIN code supplied by the Federal Department of Education. If you do not have a Federal PIN or cannot remember your PIN, please go to www.pin.ed.gov to obtain a PIN.
The first time you complete a PLUS MPN, the appropriate agency will supply MSU with the necessary information to allow for processing of your loan request, provided you select a lender from the list below and complete an online PLUS MPN. In subsequent years you will only need to submit a PLUS Loan Request Form to Student Financial Services at MSU.
PLUS Loan Request Form (PDF)
2008-2009
If you choose to borrow from a lender not listed below, or you choose not to complete the online PLUS MPN, you will need to submit the PLUS MPN to the appropriate agency as indicated by your lender AND submit the PLUS Loan Request Form to MSU Student Financial Services. Not completing both steps in the MPN process will result in you not receiving the Federal PLUS Loan funds.
Disbursement of PLUS Funds will occur as outlined below:
2007-2008 List of Recommended Lenders
| Lender | Code | Guarantee Agency | |
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| U.S. Bank | 821654 | Great Lakes Higher Education Corp. (GLHEC) | |
| Wells Fargo | 807176 | P.O. Box 64080 | |
| St. Paul, MN 55164-0080 | |||
| 800-366-0032 | |||
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| Citibank | 826878 | Education Assistance Corp. (EAC) | |
| Bremer Bank | 806361 | 115 First Avenue Southwest | |
| EdAmerica | 831453 | Aberdeen, SD 57401-4184 800-458-4011 |
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| Security National Bank | 804189 | Iowa College Student Aid Commission | |
| 200 - 10th Street | |||
| 4th Floor | |||
| Des Moines, IA 50309-3609 | |||
| 515-242-3344 | |||
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Other | Print, complete & mail the paper PLUS MPN to the Guarantor of your lender. you will also need to complete and return the PLUS Loan Request Form to MSU. PLUS Loan Request Form (PDF) | 2007-2008 | |
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