First time Federal Perkins/Nursing Loan borrowers will need to complete a master promissory note through ECSI before any loan funds will be disbursed to the university. The Master Promissory Note (MPN) is a legal document in which you promise to repay your loan(s) and any accrued interest and fees. It also explains the terms and conditions of your loan(s).
The entire MPN process must be completed in a single session, so be sure you have enough time before you start. Each MPN generally takes approximately 30 minutes to complete. You will receive an email in May when you are able to log into the system and complete the MPN.
Your electronic promissory note will be reviewed by the Long Term Loan Office before any monies are disbursed. By completing the online process, you will not need to complete the paper process that requires similar information. If you have questions please contact the Long Term Loans Office.
Please note: If the student is not able to submit the MPN electronically due to an authentication failure, they will need to print a paper copy and mail the paper MPN to the Long Term Loan Office. Please be sure to sign it and write your G-number at the top. You can also bring a completed MPN into the Office of Financial Aid and Scholarships.
The address for the Long Term Loan Office:
Grand Valley State University
Long Term Loan Office – 1049 JHZ
Allendale, MI 49401