GRAD
PLUS Loan Principal Reduction
Terms and Conditions:
To qualify
for a principal balance reduction
that is a percentage of the
original principal balance on
a loan that was disbursed after
7/01/2006, the Grad Plus borrower
must:
(a) have graduated from a graduate
or professional program and
(b) submit this form prior to
the 180th day after the graduation
date and the loan account
(c) must be current and in good
standing and
(d) not have been consolidated
with another lender principal
balance. Please
note that the principal reduction,
once applied, may be added
back to your account if you
consolidate this loan with
another lender at any time
in the future.
Please provide a valid email
and mailing address when submitting
requests so we can contact
you.
Please
allow 90 days for the processing
of your request.
|
