Some students had a slight delay in their loan funds being transferred, but the teamwork of Adelphi's loan department along with New York State Higher Education and our various lenders, corrected the glitches and all systems were go. Using the MPN as a serial note will free continuing students from filling out a new loan application each year. It is important that all students carefully review their award letter. This date is valid for any student who has received an award letter prior July. For incoming freshman and certain transfer students, you will receive a Master Promissory Note beginning in July 2000.
Transfer students can fall into either of the two scenarios listed above.
If you attended a school that used the MPN in 1999-2000 and your loan was guaranteed through HESC, you will follow the same procedure as continuing students. We would like to thank the students for their patience regarding this new procedure.