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Loans

Master Promissory Note Completion

If you attended MATC during the 2005-2006 academic year and received a Federal Stafford loan, you are not required to complete another Master Promissory Note.

To receive a Federal Stafford loan at Madison Area Technical College, you must be able to answer yes to all of the following statements:

  1. You have been accepted into an eligible program at MATC and are enrolled for at least six credits.
Loans

Loan Counseling

Master Promissory Note

PLUS Loan

Alternative Loans

  1. You have applied for Federal Financial Aid through the FAFSA form.
    (If no, click here: Application Process)

  2. You have received your 2008-09 Financial Aid Award Notice from the MATC Financial Aid Office and it states that you are eligible for a Federal Stafford loan.

If you have not completed Entrance Loan Counseling, go to Loan Counseling

You will need the information listed below to fill out the online MPN:

  • Social Security Number

  • Driver's License if applicable.

  • Email address if applicable. If you want to receive a confirmation email, an address must be supplied.

  • Your complete U.S. Address including street or post office box, state, zip and phone if applicable.

  • Two separate references with different U.S. addresses. The first reference should be a parent (if living) or legal guardian. You will need their name, address, city, state, zip code, phone number if applicable. Business addresses cannot be accepted.

  • You will need to select a lender.  At Madison Area Technical College, we certify loans through Great Lakes Higher Education Corporation (GLHEC) guarantor agency.

If you previously borrowed student loans with Great Lakes as the guarantor, you may use your previous lender. If you attended MATC during the 2007-08 academic year AND received a Federal Student Loan from the following lenders: Bank One / Chase, Student Loan Express, Citibank or TCF National you must complete a new student loan application and choose a different lender.

  • To sign your MPN electronically, you will need your Department of Education PIN number sent to you when you applied for financial aid. PIN Link

  • If you do not have your PIN number, you will have the option to print and mail the MPN.

  • If you meet ALL of the conditions mentioned above, click on Student Loan Application to apply for a Federal Stafford Loan-Master Promissory Note (MPN).

If you have additional questions, visit Ask MATC to view frequently asked Financial Aid questions, or phone the Financial Aid Office at (608) 246-6170.

 

Last Modified: July 2, 2008

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