A
B
C D
E F
G H
I J
K L
M N
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Q R
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U V
W X
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| B |
| Borrower |
Anyone
who obtains funds from a lender
through an extension of credit
for a period of time is considered
a borrower, and is legally responsible
for the repayment of a loan. (Also
see Applicant) |
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| Borrower
Authorization Statement |
The
borrower's written authorization
for the release of the initial
and any subsequent disbursement
of FFEL program loan proceeds
disbursed on behalf of the borrower
by electronic funds transfer (EFT)
or master check to an account
of the school. |
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| Budget |
The
estimated cost of attendance for
an institution including direct
(tuition, fees) and indirect (transportation,
books and supplies, room and board,
and other expenses) costs. |
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