In accordance with the Borrower's Rights and Responsibilities Statement attached to my Master Promissory Note (MPN), I understand I have the right to:

• Written information on my loan obligations and information on my rights and responsibilities as a borrower
• A copy of my MPN either before or at the time my loan is disbursed
• A grace period and an explanation of what this means
• Notification, if I am in my grace period or repayment, no later than 45 days after a lender assigns, sells or transfers my loan to another lender
• A disclosure statement, received before I begin to repay my loan, that includes information about interest rates, fees, the balance I owe, and a loan repayment schedule
• Deferment or forbearance of repayment for certain defined periods, if I qualify and if I request it
• Prepayment of my loan in whole or in part anytime without an early-repayment penalty
• Documentation that my loan is paid in full

In accordance with the Borrower's Rights and Responsibilities Statement attached to my Master Promissory Note (MPN), I understand that I am responsible for:

• Completing exit counseling before I leave school or drop below half-time enrollment
• Repaying my loan according to my repayment schedule even if I do not complete my academic program, I am dissatisfied with the education I received, or I am unable to find employment after I graduate
• Notifying my lender or loan servicer if I:
  • Move/change my address
  • Change my telephone number
  • Change my name
  • Change my social security number
  • Change employers or my employer's address or telephone number changes
• Making monthly payments on my loan after my grace period ends, unless I have a deferment or forbearance
• Notifying my lender or loan servicer of anything that might alter my eligibility for an existing deferment or forbearance