Your Master Promissory Note (MPN) is a legally binding contract you sign, agreeing to repay the loan money you will borrow.
The MPN describes your rights and responsibilities as a student loan borrower. It is extremely important to read everything included on your MPN. By signing it, you not only agree to repay the money you borrow, but you also agree to all terms and conditions included.
When you sign your MPN, you are choosing which lender will service your loans. All federal loans will have the same interest rates and federal benefits, regardless of the lender you choose. When choosing a lender, there are three main differences to consider: 1.) Customer service, 2.) Origination fees they may charge, 3.) Repayment incentives they may offer you as a borrower. While you may choose any lender, it is recommended that you chose one that is established and reputable. The lenders included on our web pages have demonstrated competitive benefits and good customer service. If you have any questions about choosing a lender, please contact the Office of Financial Aid.
Friends University reviews these web pages on an annual basis and requests lenders provide information regarding their benefits and services via a Request for Information (RFI). In creating the list of lenders Friends University considered the following criteria: pricing, service, and processing technology.
Step 2. Upon approval the lender or Friends University will provide you a PLUS MPN and Parent Loan Request Form for completion.
Step 3. Return PLUS MPN and Parent Loan Request Form to Friends University:
Friends University
2100 W. University Street
Wichita, KS 68213
316-295-5200
Toll free: 800-794-6945
EASI-App is hosted and maintained by NSLP to allow schools to provide student and parent borrowers a convenient way to apply for student loans. NSLP is not advocating the use of a specific lender or guaranty agency, including NSLP as a qualified guarantor of student loans. EASI-App is provided as a cost-free service by NSLP. No consideration has been paid to NSLP for the service, nor is any expected.