Loan Obligation. If a student obtains a loan to pay for an educational program, the student will have the responsibility to repay the full amount of the loan plus interest, less the amount of any refund, and if the student has received federal student financial aid funds, the student is entitled to a refund of the monies not paid from federal student financial aid program funds. If a student defaults on a federal or state loan, both of the following may occur:
Appears in 5 contracts
Samples: Enrollment Agreement, Enrollment Agreement, Enrollment Agreement
