Student Rights and Obligations
The main purpose of this site would be to offer up-to-date informative data on borrowers’ liberties, obligations, and payment choices designed for each kind of education loan available.
Your Liberties as a Borrower:
- You may be eligible to get exit guidance that will help you realize your payment responsibility. Your loan continues to be due minus the exit guidance.
- You may be eligible to a payment routine.
- You’ve got the right to prepay with no penalty.
The position being a Borrower:
- You need to offer details about alterations in your name that is current, and statuses of the college once you graduate or fall below half-time.
- You need to participate in exit counseling.
- You have to repay your figuratively speaking.
- In the event that you make an application for a deferment or forbearance, you need to continue steadily to make regular payments until your demand is issued.
Education Loan Services Web-based Forms
Loan Repayment Terms
- Payment of the loan begins as soon as the elegance period ends.
- Loan re payments are due in the very first time of each and every thirty days.
- Payment per month quantity hinges on the quantity lent.
- The payment duration might maybe perhaps not surpass a decade.
- The University of Oklahoma delivers month-to-month statements to loan borrowers. (more…)