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Old June 13th, 2012, 12:48 PM
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Join Date: Dec 2011
Default Re: Loan Entrance Interview Required

AAMC Loan Entrance Interview Requirements:

It includes the following:

Emphasize that repayment is required
Provide examples of monthly repayment amounts
Describe the consequences of default
Define half-time enrollment
Explain interest accrual, capitalization and the borrower’s option to pay interest
Explain the impact of accepting loans
Explain the purpose of the MPN
Describe NSLDS
Reinforce the importance of repayment and the seriousness of the obligation
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