Federal Student Aid - IFAP
   

Publication Date: August 07, 2003

DCL ID: CB-03-13

Summary: This letter provides schools with an electronic version of the Federal Perkins Loan Master Promissory Note.


Posted on 08-07-2003

 

August 2003

CB-03-13

Subject: Electronic Federal Perkins Loan Master Promissory Note

Summary: This letter provides schools with an electronic version of the Federal Perkins Loan Master Promissory Note.

Dear Colleague:

To assist schools and their borrowers in achieving the benefits of the Electronic Signatures in Global and National Commerce Act of 2000 (E-Sign Act), we are providing you with an electronic version of the Federal Perkins Loan Master Promissory Note (Perkins eMPN).  The Perkins eMPN is an adaptation of the Federal Perkins Loan Master Promissory Note that we recently provided to schools through Dear Colleague Letter CB-03-11 (http://www.ifap.ed.gov/dpcletters/CB0311.html).

As a reminder, the Department has issued standards for the use of electronic signatures in the Title IV loan programs.  The "Standards for Electronic Signatures in Electronic Student Loan Transactions" (Standards) was provided to schools through Dear Partner Letter GEN-01-06 (May 2001), and is available at http://ifap.ed.gov/dpcletters/gen0106.html.  It is important for schools to review the Standards before implementing the Perkins eMPN.

Attached to this letter are the following Perkins eMPN files:

  • Perkins eMPN Supporting Documentation.doc

Contains all necessary supporting documentation for the Perkins eMPN and options for schools that want to display the Perkins eMPN in PDF format after the borrower has signed it.  The supporting documentation contains information on the format and layout of the Perkins eMPN, as well as suggested usage. 

  • Perkins Master Promissory Note HTML.zip

Contains two HTML files, one with style sheets and one without style sheets that is 3.0 Browser compatible. 

  • Perkins Master Promissory Note.pdf

PDF file for use by schools that want to display the Perkins eMPN in PDF format after the borrower has signed it. 

We would like to thank the Pennsylvania State University and the University of Minnesota for their assistance in the development of the Perkins eMPN.

If you have technical questions concerning the Perkins eMPN and its use, please contact Neil Sattler on (202) 377-3513 or via e-mail at Neil.Sattler@ed.gov.  If you have questions concerning the Standards, please contact John Kolotos on (202) 377-4027 or via e-mail at John.Kolotos@ed.gov.

Sincerely,

 

Theresa S. Shaw
Chief Operating Officer
Federal Student Aid

Attachments/Enclosures:

Perkins eMPN Supporting Documentation in Word, 1.26MB, 13 pages

Perkins Master Promissory Note HTML.zip, 24KB, 8 pages

Perkins Master Promissory Note.pdf, 171KB, 4 pages