A Master Promissory Note (MPN) is an agreement between you and the government to repay your debt. You agree to only use loan funds for authorized academic expenses when you sign an MPN.

All other terms of the original Note remain unchanged. Bragg intends to repay the remaining USD 2 million balance on or before the amended June 6, 2025 maturity date.

A promissory note is your "I owe you" contract-think of it as your handshake with the lender, locking in your commitment to pay back the principal, plus interest, on a set schedule. The MPN?