loan for student

Your Responsibilities and Rights as a Borrower

November 11th, 2008

Your rights:
1. You may seek recommendation on your lawful obligations.
2. Nobody can be supplied with information concerning your student loan with no your agreement. When you wish to give someone permission to obtain information on your loan, you should inform about this the agency given you this loan.
3. You have the right to know ahead the total sum of money, comprising interest, which has to be disbursed.
4. You enable to observe most of the private information that load agency has about you, and require correcting any mistakes.
5. You may get a report of your account when you need.
6. In addition, you have access tools helping you to manage your loan, comprising observing your account info online, and the refund calculator.
Your responsibilities:
You must
1) guarantee that the agency has your true name and contact information;
2) provide it with correct information;
3) inform your employer you have got a student loan;
4) guarantee that you are on the right tax code;
5) advise the agency when your private tax situation alters in any way, like if you go abroad for half a year or more;
6) meet your loan responsibilities unless your loan is paid back in full.

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