Terms of Use

United Student Aid Funds, Inc. ("USA Funds") and Northwest Education Loan Association ("NELA") (altogether, the "Companies" or "us," "We," "we," "Our," or "our") maintain this product or site on the Internet (the "Site") as a service for students and parents, financial aid professionals, education lenders and others interested in access to education.  The Companies require that all the visitors to our Site adhere to the following rules and regulations.  By accessing the Site, you indicate your acknowledgment and acceptance of these Terms of Use ("Terms").  Please read them carefully.  IF YOU DO NOT WISH TO BE BOUND BY THESE TERMS, YOU MAY NOT ACCESS OR USE THIS SITE.

The Companies reserve the right to modify or discontinue, temporarily or permanently, the Site for any reason, at our sole discretion, with or without notice to you.  The Companies likewise may change the terms and conditions of the Terms from time to time with or without notice to you.  You agree to review the Terms periodically to ensure that you are aware of any modifications.  Your continued access or use of the Site after the modifications have become effective shall be deemed your conclusive acceptance of the modified Terms.  You will ensure that your agents, contractors and employees comply with these Terms.

By using this online service or Site, you are certifying that you are a person permitted to use it under applicable law.  You certify that you have authority to view information on this Site and agree not to impersonate any person or entity or otherwise misrepresent your identity or affiliation with a person or entity.  You also certify that the information you access relates only to a person or entity with an existing relationship to you.  Use of this Site in violation of these certifications will be considered a fraudulent act.   

 

You agree that any calculators or tools available on this Site will only provide estimates that may differ from actual amounts, and the Companies do not guarantee the accuracy or reliability of the content or function of any calculator or tool provided.

You agree that you will not use any robot, spider, other automatic device, or manual process to monitor or copy our Site or the content contained herein without our prior express written permission.  You agree that you will not use any device, software or routine to interfere or attempt to interfere with the proper working of the Site or any transaction being conducted on our Site.   You agree to take feasible steps to prevent transmission over the Site of any virus or other software routine designed or likely to permit unauthorized access to the Site or to disable, erase or otherwise harm any software, hardware or data accessible over the Site.

You agree to abide by all applicable local, state, national and international laws and regulations and all of Our rules, policies and procedures in your use of the Site.  Our Site is available only to individuals who are permitted to use it under applicable law.  If you do not qualify, please do not use our Site. 

You agree that the Companies may terminate your password(s), account(s) and your use of the Site in our sole discretion for any reason.  You agree that we may remove any user-created content that we deem inappropriate.  You hereby grant to Us a worldwide, non-exclusive and transferable license to use, copy, prepare derivative works of, or display any user-created content in connection with the Site or Our business.  All notices you give to us shall be in writing and shall be made either via e-mail or conventional mail.  In addition, we may post notices or links to notices through the Site to inform you of changes to the Terms, the Site or other matters of importance.

 

On this Site you will find numerous links that will transfer you to the site of an organization that can provide you with value-added information and/or functionality.  By linking to these sites, the Companies do not represent or imply that there is any business relationship between us and these organizations.  The Companies are not responsible for the content and performance of these sites or for your transactions with them.  Furthermore, we strive to keep these links as current and accurate as possible, but we cannot guarantee and we expressly do not warrant that they point to the intended third-party site.  Links to and from this Site do not constitute an endorsement by the Companies.

On this Site, you may be accessing and reviewing data provided by the Meteor Network with respect to specific student loans by submitting an inquiry to the Meteor Network.  By submitting this inquiry to the Meteor Network, you are certifying that you are either (1) an individual requesting information only on student loans for which you are the borrower, (2) a financial aid professional (or are acting on behalf of a financial aid professional) with authority from your institution to view information on the Meteor Network, and that the information you access relates only to a student applicant, a current student, or a former student of the educational institution on whose behalf you are working, (3) an authorized employee of a lender requesting information only on student loans owned by the lender, (4) an authorized employee of a guaranty agency requesting information only on student loans guaranteed by the guaranty agency, or (5) an authorized employee of a loan servicer requesting information only on student loans which are serviced by the loan servicer.  Use of the Meteor Network in violation of this certification constitutes misrepresentation and will be considered a fraudulent act.  In all cases, by submitting this inquiry to the Meteor Network, you are acknowledging that the information displayed to you relates to student loans provided by participant(s) in the Meteor Network that is associated with the social security number you provided and that other student loans may exist which are held by other entities and that timeliness and accuracy of the information is the responsibility of the individual data provider.  The Companies are not responsible for the content and performance of the data provided to you by the Meteor Network.

 

If you are accessing the Site as a representative, employee, agent or contractor of a distinct corporate or other legal entity, you represent and warrant that you have the requisite authority to accept the Terms on behalf of such entity, and “you” shall be deemed to include such entity throughout these Terms.  You represent and warrant that you (i) have the corporate power to accept the Terms and perform your obligations hereunder, (ii) the acceptance of the Terms by use of the Site creates a legal, valid and binding agreement between you, us and our affiliates, enforceable against you in accordance with the terms hereof, and (iii) the acceptance of the Terms and performance of your obligations hereunder will not violate any of your constating documents or any agreement to which you are a party or any applicable law.

You agree to take necessary steps to adequately document, store and duplicate all of your files and data.  The Companies will not be responsible for the cost of reconstructing files or data lost or destroyed.  You agree that, despite our reasonable security measures, we cannot guarantee that electronic communications over the Internet will be completely secure.  The Companies' System Requirements are posted on this Site.  By using this Site, you acknowledge these System Requirements and agree that the Companies are not responsible for your failure to abide by these System Requirements.  You are responsible for acquiring, installing and maintaining any products (such as equipment, software and communication line access) furnished by third party suppliers that are necessary to access this Site.  We will provide reasonable assistance according to our then current policies and procedures.