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Application and Solicitation DisclosureDisclosure provided with an application or solicitation which contains information about the interest rate, fees, repayment terms, cost estimates, Federal loan alternatives, eligibility criteria and other key information about the private education loan.
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Application and Solicitation DisclosureA disclosure required by the U.S. Department of Education and federal regulation that is presented to the borrower and cosigner, if applicable, as part of the application process for a private student loan. The disclosure provides a range of interest rates as well as repayment examples.
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