Borrower's Rights:
You have the right to:
- Prepay any federal loan without penalty
- Request a copy of your MPN
- Change repayment plans
- Recieve grace periods and subsidies on certain loans
- Use deferment or forebearance to postpone payments
- Receive documentation of loan obligations, rights, and responsibilites, and when the loan in fully repaid
Borrower's Responsibilities:
You are expected to:
- Complete exit counseling before leaving or dropping below half time enrollment
- Make loan payments on time
- Make payments despite nonreceipt of bill
- Notify servicers of changes to your contact or personal information
- Notify servicers of changes in your enrollment status