terms that represent, or try to evoke images or experiences of specific, tangible objects or entities. Concrete terms are usually thought of as opposed to abstractions or generalizations. External conflicts have outside action such as man against man, man against nature, man against fate.
- Borrower must receive servicing transfer statement at least 15 days before effective date of loan transfer-Borrower cannot be penalized for making a timely payment to prior servicer within 60 days of loan transfer-Records must be retained for 3 years for revised GFE; for 5 years for HUD-1s, escrow accounts, and AfBAs.
In general, you must repay your loan even if you don't graduate, can't find work in your field of study, or are dissatisfied with the education program. Keep in mind that your Federal Direct loans have a 6-month grace period after you graduate or drop below half time enrollment before your loan repayment period begins.