how long after it has been processed does it take for the school to certify or approve the loan?

12/12/2009 10:16:41 PM

Did you sigh the MPN (master promissory note) online or via paper? I had mine "in process" for about a week after I signed it online with a bank. It showed up in mypack about 1.5 weeks after the initial date, which was a few days before the due date at State. Of course, the money doesn't get applied til the first week of school (same with any excess reimbursement). As long as you do it soon, you shouldn't worry about it too much, the bank wants your money so they'll process it in time.

12/12/2009 11:31:43 PM

I'm in a similar situation. I accepted the loan a couple of weeks ago and have yet to receive any information regarding the MPN. I also have no idea who to call regarding it.

12/13/2009 2:39:53 AM

i signed the MPN online and received a copy of it that they mailed me. the deadline for getting dropped from classes is tuesday at 4 so i am just worried about making that, i really dont want to have to re-register.

12/13/2009 7:59:02 AM

ohhh, Stafford Loans... they paid for my mountain of CC debt, wedding, honeymoon, and now my baby... lawl

That reminds me... i need to get my taxes for last year and fill out the FAFSA again

[Edited on December 13, 2009 at 2:57 PM. Reason : hmm]

12/13/2009 2:50:24 PM

Quote :

"the deadline for getting dropped from classes is tuesday at 4 so i am just worried about making that, i really dont want to have to re-register."

Shit. I still haven't heard from these assholes, and there's no way I can get at other money by that deadline.

God-fucking-damn it.

They say it was "sent to lender" on the 8th. Who knows what the hell that means?

[Edited on December 13, 2009 at 4:32 PM. Reason : ]

12/13/2009 4:20:32 PM

i can probably pay about $2k if i needed to but thats not everything and it will make christmas really suck if it takes awhile to get my money

12/13/2009 5:13:49 PM