PSA: DOWNLOAD YOUR MASTER PROMISSORY NOTES!

So, I’m not sure what will happen in the future, but please, download all your documents and keep your own records! If something does happen to our access to it, it will be on us to prove what was in the original documentation.

A master promissory note is a legally binding agreement between two parties. In the MPN for student loans, it specifically spells out loan forgiveness, which means the government legally has to grant if we meet the terms in our MPN!

SAVE is not mentioned in mine because I was in and out of school before it was a thought, but it might be mentioned in some of the newer students’ MPNs! All the other IBR and IDR plans are mentioned and spelled out, so the government can’t take that away from me.

You can find your MPN under the “documents” section on StudentAid.Gov … there is a dropdown towards the top, then click MPN.

Edit to add: Also download all of your loan disclosures!