Federal Direct Loans Mpn?

Q: I have already done the entrance counseling and signed a master promissory note for my Federal Direct/Stafford Loan. Do I need to complete another set of these for Perkins Loan? I remember it said on the Direct Loan MPN that we only need one MPN for all

A: Yes you do. The Stafford loan and the Perkins loan are separate loans. If you don't complete entrance counseling and an MPN for each one it will not go on your account and won't be paid to the school. However, you only have to do entrance counseling

Information about the Federal Direct Student Loan Program (also known as a Stafford loan) including eligibility requirements, interest rates for ...

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Direct PLUS Loans for Parents - Student Loans | Federal Direct ...

. Generally, a student is considered dependent if he or she is under 24 years of age, has no dependents, and is not married, a veteran, a graduate or professional degree student, or a ward of the court. The parent borrower must not have an adverse credit history (a credit check will be done). If the parent does not pass the credit check, the parent may still receive a loan if someone (such as a relative or friend who is able to pass the credit check) agrees to endorse the loan. The endorser promises to repay the loan if the parent fails to do so. The parent may also still receive a loan if he or she can demonstrate extenuating circumstances. The student and parent must be U.S. citizens or eligible noncitizens, must not be in default on any federal education loans or owe an overpayment on a federal education grant, and must meet other general eligibility requirements for the federal student aid programs. For additional information on eligibility requirements, go to the student aid eligibility