Loan-Application Data for Stafford Loans
Discuss the purpose of loan-application data and offer important tips for
completing it:
- The loan-application data will help lenders, servicers, guarantors and
financial-aid administrators locate students.
- Student-borrower information and references provided on the loan
application must be legible.
- The address on the loan application must be the borrower's permanent
address, where the borrower can be contacted when the time comes to repay the
loan. You also should collect the borrower's e-mail
address.