Common use of FINANCIAL AID FUNDS Clause in Contracts

FINANCIAL AID FUNDS. If the student obtains a loan to pay for the educational program, the student will have the responsibility to repay the full amount of the loan plus interest, less the amount of any refund. If the student has received federal student financial aid funds, the student is entitled to a refund of the money not paid from federal student financial aid program funds. If a student is eligible for a loan guaranteed by the federal or state government and the student defaults on the loan, both of the following may occur:

Appears in 7 contracts

Samples: Enrollment Agreement, Enrollment Agreement, Enrollment Agreement

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