Entrance Counseling

Entrance Counseling - Entrance Counseling Amanda...

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Unformatted text preview: Entrance Counseling Amanda Quella (SSN: *****3703) 09/24/2007 17:02:41 PM I understand that I have a right to the following: • written information on my loan obligations and information on my rights and responsibilities as a borrower • a grace period and an explanation of what this means • a disclosure statement, received before I begin to repay my loan, that includes information about interest rates, fees, the balance I owe, and the number of payments • deferment of repayment for certain defined periods, if I qualify and if I request it • a forbearance, if I qualify and if I request it • prepayment of my loan in whole or in part any time without an early-repayment penalty • a copy of my promissory note either before or at the time my loan is disbursed • documentation that my loan(s) are paid in full I understand that I am responsible for: • attending Exit Counseling before I leave school or drop below half-time enrollment • repaying my loan even if I do not complete my academic program (under certain circumstances), I am dissatisfied with the education I received, or I...
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