100% of the tax shown on your 2014 income tax return (110% of that amount if the adjusted gross income shown on the return was more than $150,000 ($75,000 if your filing status for 2015 will be married filing separately)).
You will need the following items to complete and electronically sign the MPN: 1  Your Federal Student Aid ID. 2  Your full legal name, social security number, and date of birth. 3  You will also need to provide names, addresses, and telephone numbers for your next of kin and two references.
Unless your school does not allow more than one loan to be made under the same MPN, you can borrow. additional Direct Loans on a single MPN for up to 10 years. The schoo will tell you what loans, f any, you are eligible to receive. Parent borrowers must complete an MPN for each student using their own Federal Student Aid PIN. The entire MPN Process must be completed in a single session. Each MPN takes approximately 30 minutes to complete.