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Terms and Conditions of Direct Loans

Terms and Conditions of Direct Loans

Terms and Conditions of Direct Loans

Terms and conditions of Direct Loans are included in the Borrower’s Rights and Responsibilities Statement, which the borrower receives upon completion of a Master Promissory Note with the Department of Education. The borrower may request another copy of their Borrower’s Rights and Responsibilities Statement at any time by contacting the Direct Loan Servicing Center.