U.S. Department of Education DISCLOSURE OF LOAN REPAYMENT TERMS

October 20, 2015

U.S. Department of Education

? lnforms.tton about your federal litudent loan

DISCLOSURE OF LOAN REPAYMENT

TERMS

Account Number

The repayment schedule for some or all of your student loans changed. Please review the enclosed Repayment Schedule information . These new terms take effect on the due date listed . We will send a bill approximately 20 days prior to your scheduled due date.

Why did this occur? There are several reasons that thi s change may have occurred, including, but not limited to:

? A deferment or forbearance recently ended ? You req uested to change your repayment plan ? Your due date changed ? Interest was capitalized (added to the principal balance) on your loans ? Your interest rate changed ? Your previous monthly payment amount was not sufficient to pay off your loans within the time period allotted ? We recalculated your Income-Driven Repayment schedule

Payments: ? Any payments due prior to the change that you did not make or did not cover are still due. ? You may prepay all or part of the unpaid balance of your loans without penalty ? If your loan is not paid in full within the legal repayment term, you may be subject to late fees, collection charges, attorney fees, and I or wage I tax garnishment in accordance with the Higher Education Act

Repayment Benefits : ? If you have a Direct Subsidized , Direct Unsubsidized , or Direct PLUS Loan disbursed on or after July 1, 2000 through June 30, 2012 you received an up-front rebate. To keep this rebate, you must make timely (received no more than 6 days after your due date) payments for your first 12 required payments. Otherwise, we will add the rebate amount back to the principal balance of your loans. ? Apply for Direct Debit to receive a 0.25% interest rate reduction. Visit iDirectDebit to apply.

Assistance: ? You may choose to consolidate your federal student loans. Visit to learn more . ? Options such as deferment I forbearance or changing repayment plans are available if you cannot afford your monthly student loan payment. Vi sit iTroublePaying to learn more. o Available repayment plans include: Standard, Graduated, Extended, Income-Based Repayment, IncomeContingent Repayment, Pay As You Earn, and Income Sensitive Repayment

~ ~ P.O. Box 69184, Harrisburg , PA 17106-91841 M-F BAM to 9PM (ET) I ( 800-699-2908 1 lnternational717-720-19851 717-720-16281 711

Pri vacy Notice: Federal law require s us to tell you how we collect, share, and protect your personal information. Our privacy policy has not changed and can be viewed anytime at PrivacyPolicy. We will mail you a copy if you contact us.

TSXFH FS06BTRT4 1365009383 ENOTIFY

27001 152930159535

** Your terms have been re-calculated due to a change in status **

Loan Program:DLPLGB Ori ginal Principal Balance:$20,000.00 Interest Rate:7.21 0% Schedule Type:STANDARD

Repayment Term 119 months 1 month

REPAYMENT SUMMARY

Disbursement Date:09/17/2014

Current Prin cipal Balance :$20,000.00

Anticipated Interest to be Capitalized: $1,420.27

Total Repayment Amount:$30,084.64

Installment Amount

Due Date

$250.72

12/11/2015

$248.96

11 / 11/2025

REPAYMENT SUMMARY Continued

Loan Program:DLPLGB

Disbursement Date:12/08/2014

Original Principal Balance:$20,000.00

Current Principal Balance:$20,000.00

Interest Rate:7.210%

Anticipated Interest to be Capitalized : $1,258.29

Schedule Type.STANDARD

Total Repayment Amount:$29 ,857.37

Repayment Term

Installment Amount

Due Date

119 months

$248 .82

12/11/2015

1 month

$247.79

11/11/2025

Repayment Obligation I Schedule Disclosure Statement

This document is the Repayment Schedule Disclosure Statement which is provided for in the promissory note(s) you signed under the Federal Family Education Loan Program or William D. Ford Federal Direct Loan Program. You must repay your loan(s) in compliance with the schedule set forth below.

Summary of Loans Entering Repayment:

Date Disbursed

Loan Program

Repayment Start I

Deferment End Date

Principal Balance

01/02/2014

DLUNST

11/15/2015

$20,500.00

09/17/2014

DLUNST

11/15/2015

$20,500.00

Interest Rate

Repayment Plan

5.410%

L

6.210%

L

Payment

Due

Amount

Day

$243.34 11 $243.55 11

Total Current Payment Due Monthly: $486.89 (see Repayment Plan Details for more information)

Estimated Total to be Repaid:

Unpaid Principal Balance

Accrued Unpaid Interest to be Capitalized*

+

Amount to be Repaid

=

Interest Payable

+

Total Amount to be Repaid

=

? Excludes the $0.00 you've already paid

Repayment Plan Details:

Repayment Plan

Repayment Plan Description

L

STANDARD

$41,000.00 $3,276.58

$44,276.58 $14,149.68 $58,426 .26

Number of Payments

119 1

Payment Amount

$486 .89 $486.35

Payment Start Date 12/11/2015 11/11/2025

Be sure to include all loan groups when submitting your documentation. This participant had 2 disclosure letters which we combined for the example (one letter for the loans on p.2 and another letter for the loans on this page). Also, please note the due date is 12/11/15. The summary table shows 11/15/15 which is the date the deferment ends and the repayment period begins but the first required payment is due 12/11/15 as shown in the repayment plan details.

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