To accept a student loan that may be included in your financial aid package, you must sign a promissory note and/or accompanying documentation. Credit will be posted to your student account after your signed documents are submitted.

A promissory note is a legal agreement stating that you agree to repay your loan and any accrued interest. It also explains the terms and conditions of your loan.

The process for signing your promissory note is different depending on the source of your loan.

Federal Direct Loan Borrowers

Sign your promissory note via the U.S. Department of Education. You can log in using your FSA ID (which you created for FAFSA filing). After you log in, choose “Complete Loan Agreement,” select your loan, and follow the instructions to sign your documents. Note that you will need to provide references.

E-Sign for Federal Loans

All Other Loans (Institutional Loans, Federal Health Professionals Loans, etc.)

Penn’s loan servicing vendor, Heartland ECSI, will contact you directly with instructions. You will sign your promissory note on the ECSI website. After you authenticate your identity, you will be able to choose your loan and electronically sign the necessary documents. Note that you will need to provide references.

E-sign for All Other Loans

How to sign the ESCI Master Promissory Note