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Education loan Information. Student Rights and Obligations

Education loan Information. Student Rights and Obligations

OU Federal Class Code – 003184

Student Loan Ideas

EDUCATION LOAN SOLUTIONS

The University of Oklahoma
1000 Asp Ave., Buchanan Hall, place 208
Norman, okay 73019-4071

Student Rights and Obligations

Being education loan debtor, you’ve got specific liberties and duties with respect to your loan. The main purpose of this site is to offer up-to-date home elevators borrowers’ legal rights, duties, and re re payment choices readily available for each kind of education loan available.

Your Liberties being a Borrower:

  • You might be eligible to get exit guidance that will help you comprehend your payment responsibility. Your loan remains due with no exit counseling.
  • You will be eligible to a payment routine.
  • The right is had by you to prepay without the penalty.

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Your Responsibilities as a Borrower:

  • You have to offer information on alterations in your name that is current, and statuses of one’s college whenever you graduate or fall below half-time.
  • You need to participate in exit counseling.
  • You have to repay your student education loans.
  • You should continue to make regular payments until your request has been granted if you apply for a deferment or forbearance.

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Loan Repayment Terms

  • Payment of the loan begins once the elegance duration ends.
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