Master Promissory Notes (Direct, Harvard, Perkins)

Loan programs generally require you to e-sign a master promissory note only once for all three years of borrowing that you may do in these programs. Your "Documents" tab will list which promissory notes you are required to complete, please refer to the statuses below to determine what you need to do.

Please note that you will not be able to e-sign promissory notes until AFTER FALL REGISTRATION as part of step 5 of the financial aid application process. We will send an email notifying you once we are ready for you to begin the e-signing process.

Loan Promissory Note Document Statuses listed on "My HLS Financial Aid"
To determine if you need to e-sign a promissory note for any of these loans, proceed to the "Documents" tab in "My HLS Financial Aid." You can find the status listed next to each loan promissory note which appears on your individualized document list. Below is the key which tells you what each document status means and outlines any action that is associated with that given status.

  • Waived: Indicates that you have signed a master promissory note for this loan program in a previous year at HLS; therefore, you do not need to e-sign again this year. The loan amount listed in your award package will automatically disburse to your online billing account without further action from you.
  • Received: Indicates that you have already signed a master promissory note for this loan program during this current academic year at HLS; therefore, you do not need to take any additional action at this time. The loan amount listed in your award package will automatically disburse to your online billing account without further action from you.
  • Not Received: Indicates that you have been awarded funding from this loan program and you have EITHER not previously signed a master promissory note for this loan program OR you have previously signed a master promissory note but for some reason we need you to complete the e-signing process again. Promissory note documents in this status ARE NOT yet ready for you to e-sign. Once we are ready for you to complete the e-signing process we will notify you via email. The loan amount listed in your award package will not actually disburse to your online billing account until the e-signing process is complete; however, in the meantime, you will continue to see these loans listed as anticipated financial aid credits on your online billing account.
  • Not Signed: Indicates that you have been awarded funding from this loan program and you have EITHER not previously signed a master promissory note for this loan program OR you have previously signed a master promissory note but for some reason we need you to complete the e-signing process again. Promissory note documents in this status ARE ready for you to e-sign by following the links to the e-signing directions listed below. The loan amount listed in your award will not actually disburse to your online billing account until the e-signing process is complete. In the meantime, you will see these loans listed as anticipated financial aid credits on your online billing account.
Last modified: February 10, 2014

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