What does Usury Interest Rate mean?
Usury Interest rates are excessively high. Usury laws are state laws that specify the maximum legal interest rate at which loans can be made. Return to top of page What is a Private Education Self Certification Form and why do I need to complete this? The Federal Government requires you to submit information regarding the cost of attendance and expected financial aid. You will be asked to complete a Federal Private Education Loan Applicant Self-Certification during this application process. You will need to know the cost of attendance for the period of enrollment covered by this loan and the estimated financial assistance you will be receiving. The difference between these two items is your loan amount. You can obtain this information from the Financial Aid office at your school. The purpose of this form is to ensure that the student/borrower is aware of the costs associated with attending their school, and the amount of loans that may be necessary. Return to top of page What is cost o
