Northwest College

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Glossary of Terms

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The person who assumes legal obligations for the repayment of the loan principal plus interest. In the case of a Federal Stafford Loan, the borrower is the student. In the case of a PLUS Loan, the borrower is the parent. In some private/alternative programs, the student and the parent(s) assume the responsibility jointly.

Questions? Call or email us:

Northwest College
Financial Aid & Scholarships
307-754-6158 or 800-560-4692