MEFA DEFERRED GRADUATE LOAN AGREEMENTLoan Agreement • August 29th, 2022 • Massachusetts
Contract Type FiledAugust 29th, 2022 JurisdictionIn this Loan Agreement, the words, “I,” “me” and “my” mean each and any of those who sign or co-sign it (each a “Borrower”). The Borrower whose costs of attendance are financed under this Loan Agreement is sometimes referred to as the “Student Borrower” and other Borrowers are sometimes referred to as “Co- Borrowers.” Every signer of this Loan Agreement has an independent, as well as a joint, obligation to fulfill the terms of this Loan Agreement. “You,” “your,” “yours” and “Holder” mean and refer to the Massachusetts Educational Financing Authority (the “Authority”) and any assignee of the Authority’s rights under this Loan Agreement or other party entitled to enforce this Loan Agreement. The term “Institution” means the not for profit degree-granting institution at which the Student Borrower’s cost of attendance are financed pursuant to this Loan Agreement. The terms FINANCE CHARGE, TOTAL OF PAYMENTS and AMOUNT FINANCED refer to the amountsdisclosed on the Disclosure Statement and It