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The Franklin Lindsay Student Aid Fund Application/Promissory Note Checklist Name of Student I am a: New Borrower Renewal BorrowerFollow these steps to apply for your loan:REVIEW criteria to be sure
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What is applicationpromissory note?
A promissory note is a written promise from a borrower to repay a specific amount of money to a lender according to specified terms.
Who is required to file applicationpromissory note?
Anyone who is borrowing money and agrees to repay it under specific terms is required to sign a promissory note.
How to fill out applicationpromissory note?
To fill out a promissory note, you will need to include details such as the borrower's name, lender's name, loan amount, repayment terms, and signatures of both parties.
What is the purpose of applicationpromissory note?
The purpose of a promissory note is to create a legally binding agreement between the borrower and lender regarding the repayment of a loan.
What information must be reported on applicationpromissory note?
The promissory note should include details such as the loan amount, interest rate, repayment schedule, late payment penalties, and any other relevant terms.
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