Terms and Conditions
Student (and Co-Buyer, if applicable) understands the payments are to be make to the School, or assignee. Payments 3 days
delinquent may accrue a late charge of the lesser of 5%. If account is delinquent for over 30days, the entire amount may become due and payable.
LATE CHARGES: The School may impose late charges if I do not make a scheduled payment when due or if I fail to submit to the school on or
before the due date of the payment. The School may add the late charges to principle the day after the scheduled payment was due or include it
with the next scheduled payment
CHANGE OF STATUS: I will inform the School of any change in my name, address, telephone number, Social Security Number,
or driver's license number.
PROMISE TO PAY: I promise to pay the School, or a subsequent holder of the Note, all sums disbursed under the terms of this Note,
plus interest and other fees which may become due as provided in this NOte. If I do not make any payment on any loan under this notewhen it is due,
I promise to pay all reasonable collections costs. uncluding attorney fees, court costs, and other fees.
My signature certifies I have read, understrand and agree to the terms and conditions of this Note.