If you are a new student who has accepted the Stafford loan on your award letter, you will be contacted by American Student Assistance (ASA) with instructions guiding you to fill out the master promissory note (MPN) online in August.
If you are a returning student and have borrowed the Stafford loan last year, and the lender you chose is still participating, you do not need to fill out another MPN, you just have to accept the loan(s) on your award letter. If your lender is no longer participating in the Stafford loan program, you will be contacted by ASA to fill out a new MPN.
A Framingham State College education is affordable; the expected amount of student debt upon graduation is $18,000, much less than the expected debt at many other institutions.
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