Sign your Ford Federal Direct Loan Promissory Note Online: The Office of Financial Aid will certify your loan for you electronically when your financial aid file is complete.

• New loan applications will be certified after July 15 each year. Student loan borrowers must be enrolled at least half time (six semester hours) to receive student loans.
• All loans are subject to a 1% default origination fee with a .5% rebate for on-time payment.
• All first time freshman student loan borrowers are subject to a mandatory thirty day delay on the first disbursement of student loan funds. This pertains only to the first semester disbursement. First time freshmen who met the deadline can expect disbursement of loan funds thirty days from the first day of class.
• New loan applications should be completed no later than August 10, for the fall semester or December 20, for the spring semester in order to ensure that loan funds are available on the day after drop/add.
• The office of Student Services will notify you when your promissory note is available to sign online via myMCTC.
• You will be required to use your U.S. Department of Education issued PIN to complete an electronic MPN. For additional information or to ask general PIN questions, you can visit the official PIN website or access the PIN Customer Service web page.