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.
1 Direct Consolidation Loans allow you to combine all of your eligible federal student loans into a single loan with a single loan servicer.  The Federal Perkins Loan Program is a school-based loan program for undergraduates and graduate students with exceptional financial need. Under this program, the school is lender.