During January and February, NSLP conducted meetings with schools and lenders to discuss how the MPN will impact them, and to allow them to talk about MPN issues. Use of MPN Most schools that plan to use the MPN in 1999-2000 will begin using it for Fall 1999 loan periods, but a few will begin using it for Spring 2000 loan periods. When these schools begin using the MPN, they will use it for all their students. Schools have a variety of ways to handle the MPN for transfer students - most will require all transfer students to sign a new MPN, others will not require a new MPN if the student can supply a copy of the MPN they signed, some were undecided about how to handle transfer students. Schools will continue to encourage the student to use the same lender, but accept a student's request to change lenders.
Schools plan to inform the borrower of their prior lender for subsequent loans.
Confirmation or Notification Schools will put their own confirmation or notification process in place, and not rely on lenders to do the confirmation or notification with the borrower. Most schools will use a confirmation process in conjunction with their award letter. Some schools indicated they would use a confirmation process with their award letter, and also use a notification process when they release funds to the student. Lenders will put their own confirmation or notification process in place, and not rely on schools to do the confirmation or notification with the borrower. Most lenders will use a notification process in conjunction with the borrower disclosures they provide when the loan is disbursed.