Common use of STUDENT LOANS AND FINANCIAL AID Clause in Contracts

STUDENT LOANS AND FINANCIAL AID. Degree-seeking students who are U.S. citizens or eligible noncitizens enrolled in an eligible academic program can apply for federal financial aid as a means of assisting with financing their education. Certificate programs may also be eligible for federal financial aid. If you are eligible for a loan guaranteed by the federal or state government and you default on the loan, both of the following may occur:

STUDENT LOANS AND FINANCIAL AID. Degree-seeking Degree‐seeking students who are U.S. citizens or eligible noncitizens enrolled in an eligible academic program can apply for federal financial aid as a means of assisting with financing their education. Certificate programs may also be eligible for federal financial aid. If you are eligible for a loan guaranteed by the federal or state government and you default on the loan, both of the following may occur: