Review of Master Promissory Note (MPN) Process for Federal ...
Wanda Hall, ED Financial Services Some of the 213 MPNs supported more than one of the 313 loan disbursements sampled. FFEL lenders and schools are also required to “develop and document a confirmation process in accordance with guidelines established by the Secretary.” (34 C.F.R. §682.401(d)(4)(vi)) The guidance in the Federal Student Aid ... ................
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