The PLUS Loan Master Promissory Note is good for
10 years.
The borrower will not have to complete another PLUS MPN at ASU
unless they had to secure an endorser (i.e., co-signer). If the borrower was approved for the PLUS with an endorser, they will need to complete a new PLUS MPN every year, including any increases to the PLUS Loan within the same academic year.
Related Article: How Do I Complete the Master Promissory Note? Need additional help? Access 24/7 live chat, create a case from
My ASU Service Center or call 855-278-5080.
