Signing an Electronic Perkins eMPN

This section discusses how to:

  • Review Perkins eMPN introductory information.

  • Enter an ID authentication and provide consent.

  • Verify personal information.

  • Provide loan references.

  • Review loan indebtedness.

  • Accept borrower rights and responsibilities.

Page Name

Definition Name

Navigation

Usage

Financial Aid - Select Aid Year to View

SFA_SS_EMPN_AY_SEL

Self Service > Campus Finances > Sign Perkins Promissory Note > Financial Aid - Federal Perkins Master Promissory Note

Select the aid year that you want to view.

Financial Aid - Federal Perkins Master Promissory Note (Introductory Information)

SFA_SS_EMPN_START

Click the Aid Year link on the Financial Aid - Select Aid Year to View page.

Review introductory information and instructions to proceed with the electronic MPN. User-defined text messages for this page are contained within Message Set Number 14409, 560–570 series.

Financial Aid - Federal Perkins Master Promissory Note (ID and Consent)

SFA_SS_EMPN_AUTH

Click the Continue button on the Financial Aid – Federal Perkins Master Promissory Note (Preliminary Information) page.

Review steps for completing the electronic signature and provide identity authentication and acknowledge consent to proceed with the eMPN process. User-defined text messages for this page are contained within Message Set Number 14409, 571.

Financial Aid - Federal Perkins Master Promissory Note (Verify Personal Information)

SFA_SS_PERK_EMPN1

Click the Continue button on the Financial Aid – Federal Perkins Master Promissory Note (ID and Consent) page.

Verify name, address, telephone, and demographic information.

Addresses

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Click the Click to update Address link on the Financial Aid - Federal Perkins Master Promissory Note (Verify Personal Information) page.

Update address information.

Phone Numbers

SS_CC_PERS_PHONE

Click the Click to update Phone link on the Financial Aid - Federal Perkins Master Promissory Note (Verify Personal Information) page.

Update telephone numbers.

Financial Aid - Federal Perkins Master Promissory Note (Provide Loan References)

SFA_SS_PERK_EMPN2

Click the Confirm button on the Financial Aid - Federal Perkins Master Promissory Note (Verify Personal Information) page.

Enter loan references information. User-defined text messages for this page are contained within Message Set Number 14409, 572.

Financial Aid - Federal Perkins Master Promissory Note (Review Loan Indebtedness)

SFA_SS_PERK_EMPN3

Click the Next button on the Financial Aid - Federal Perkins Master Promissory Note (Provide Loan References) page.

Review the total federal Perkins loan amount that the student has incurred at your institution. Amounts are determined by the valid school code for institution setup.

Students can use this page to view a statement of the total cumulative balance they owe and an estimate of the monthly payment amount. User-defined text messages for this page are contained within Message Set Number 14409, 573.

Financial Aid - Federal Perkins Master Promissory Note (Accept Borrower's Rights and Responsibilities)

SFA_SS_PERK_EMPN4

Click the Next button on the Financial Aid - Federal Perkins Master Promissory Note (Review Loan Indebtedness) page.

Accept borrower's rights and responsibilities. User-defined text messages for this page are contained within Message Set Number 14409, 574–576 series

Federal Perkins Loan Master Promissory Note

SFA_SS_PERK_EMPN5

Click the I Accept button on the Financial Aid - Federal Perkins Master Promissory Note (Accept Borrower's Rights and Responsibilities) page.

Review terms and conditions, disclosure of information, and important notices. Sign the note electronically.

Electronic Signature Confirmation

SFA_SS_ESIGN_YESNO

Click the Sign Perkins Note button on the Federal Perkins Loan Master Promissory Note page.

Captures the borrower's consent to electronically sign the Perkins MPN.

Federal Perkins Master Promissory Note (Completed Signature Confirmation)

SFA_SS_EMPN_CONFRM

Click the Yes button on the Electronic Signature Confirmation page.

View confirmation for completion of the electronic signature process.

Financial Aid - Federal Perkins Master Promissory Note

SFA_SS_EMPN_EXISTS

Select the Aid Year on the Financial Aid - Select Aid Year to View page.

View a message indicating that a valid Perkins Promissory Note is on file.

Access the Financial Aid – Federal Perkins Master Promissory Note (Introductory Information) page (click theAid Year link on the Financial Aid - Select Aid Year to View page).

The Financial Aid - Federal Perkins Master Promissory Note (Introductory Information) page represents the first page in the Perkins eMPN process. This page introduces a student to the Perkins eMPN process and provides a listing of items that should be readily available before continuing. The page provides the means to define key elements within the eMPN process. To assist the student, a listing of information is available prior to continuing the eMPN process. Item 1 is a controlled item and automatically adjusts based on the authentication method option selected on the self-service awarding option for the Perkins MPN.

The student selects the REQUEST PAPER MPN (request paper master promissory note) button to request a paper MPN. The system displays a PDF version of the Perkins MPN in a new window.

Access the Financial Aid - Federal Perkins Master Promissory Note (ID and Consent) page (click the Continue button on the Financial Aid – Federal Perkins Master Promissory Note (Preliminary Information) page.

If your institution set the Authentication Method option on the Awarding Options page to No authentication, the system does not display text that requests students to enter an identity authentication on the Financial Aid - Federal Perkins Master Promissory Note (ID and Consent) page.

Oracle recommends that you use the user-defined text message delivered with this product to define instructions for your students. For example, your institution might require additional consent items to satisfy disclosure requirements. The Perkins eMPN user-defined text messages are contained within the Message Set Number 14409.

Access the Financial Aid – Federal Perkins Master Promissory Note (Verify Personal Information) page (click the Continue button on the Financial Aid – Federal Perkins Master Promissory Note (ID and Consent) page).

Regulations require a permanent address to be captured on the Perkins MPN. The Financial Aid - Federal Perkins Master Promissory Note (Verify Personal Information) page displays the most current permanent address and home telephone number for the student. Students can use the available links on the page to access the Self Service Campus Personal Information address and home components. If students click either the address or phone update link, they are removed from the eMPN process and must begin the eMPN process from the start.

Note: The system does not allow a student to proceed without a current permanent address.

Access the Financial Aid – Federal Perkins Master Promissory Note (Provide Loan References) page (click the Confirm button on the Financial Aid - Federal Perkins Master Promissory Note (Verify Personal Information) page).

The Perkins eMPN process requires that the student provide at least two loan references. Institutions can require up to three additional loan references. If additional references are required, the system adds an extra step on the Financial Aid - Federal Perkins Master Promissory Note (Provide Loan References) page. The third step requests that the student provide additional references beyond the two.

Access the Financial Aid – Federal Perkins Master Promissory Note (Review Loan Indebtedness) page (click the Next button on the Financial Aid - Federal Perkins Master Promissory Note (Provide Loan References) page).

On the Financial Aid – Federal Perkins Master Promissory Note (Review Loan Indebtedness) page, the Federal Perkins Loan Amount to Date field indicates the amount based on awards associated with the Perkins aggregate.

The award amount represents any financial aid item type for which the aggregate area is tied to Perkins, even if the item type is not flagged as MPN-required. The system keys loan history amounts by school code. Therefore, the system consolidates and displays only loan amounts that are associated with valid school codes for the institution.

Access the Financial Aid – Federal Perkins Master Promissory Note (Accept Rights and Responsibilities) page (click the Next button on the Financial Aid - Federal Perkins Master Promissory Note (Review Loan Indebtedness) page).

The Financial Aid - Federal Perkins Master Promissory Note (Accept Borrower's Rights and Responsibilities) page provides the student (borrower) the necessary disclosures regarding rights and responsibilities. The entire text displayed is user-defined text. Oracle recommends that schools adjust the text to satisfy necessary disclosure requirements.