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Financial Aid Office OVAL 2015 2016: Overlapping Loan Period Request Student Name: 900 CCBC ID: Student Date of Birth: To accurately determine your Federal Direct Stafford subsidized and/or unsubsidized
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How to fill out 2015 2016 overlapping loan

01
Gather all necessary documents related to your loans from 2015 and 2016.
02
Identify the overlapping period between the two loans.
03
Calculate the total outstanding balance for each loan during the overlapping period.
04
Determine the interest rates and any other applicable fees for each loan during the overlapping period.
05
Contact your lenders to discuss the possibility of combining the two loans into one loan with a new repayment plan.
06
Provide the lenders with all relevant information, including the outstanding balances and interest rates for both loans.
07
Review the terms and conditions of the proposed new loan carefully.
08
Once you agree to the terms, sign any necessary agreements or paperwork.
09
Continue making payments as specified by the new loan agreement.

Who needs 2015 2016 overlapping loan?

01
Individuals who have taken out multiple loans in both 2015 and 2016.
02
Those who are struggling to manage multiple loan payments and wish to consolidate them into a single loan.
03
People who want to simplify their financial obligations and potentially lower their monthly loan payments.
04
Those who wish to take advantage of more favorable interest rates or repayment terms offered by a new loan.
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An overlapping loan period request is a form submitted by a borrower who has overlapping loan periods with multiple lenders.
The borrower is required to file an overlapping loan period request.
The borrower must provide information about the loans, lenders, and periods that are overlapping.
The purpose of overlapping loan period request is to ensure transparency and compliance with loan regulations.
The borrower must report details of the loans, lenders, and overlapping periods.
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