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Your Rights and Responsibilities

A Federal Perkins Loan is a serious legal obligation. When you sign this statement, it means that you have read it and your Promissory Note, and that you understand the terms and conditions to which you are agreeing.

  1. I understand that I must report any of the following changes to the Student Accounts Office at The Evergreen State College, Olympia, WA 98505: phone (360) 867-6440.
    1. If I drop below half-time, withdraw from school, go on leave, or graduate;
    2. If I return to Evergreen;
    3. If I transfer to another school;
    4. If I change my name;
    5. If I change my address, or my references change their address.
  3. I understand that when I leave Evergreen, I must arrange for an 'exit interview' with the Student Accounts Office.
  4. I understand that I am entitled to a Student Deferment (no interest charged, no payments expected) if I am enrolled at least half-time at this or another school. To receive this benefit, I understand that I must complete a Student Deferment Request form. I understand that I must have my current school's registration office certify my attendance on the form before I submit it to Evergreen's billing agent*.
  5. I understand that my loan payments may be canceled, deferred, or extended under conditions specified in my Promissory Note, and I agree to notify Evergreen's billing agent* if and when such conditions occur.
  6. I understand that this loan will be reported to at least one credit bureau.
  7. I understand that if I fail to repay this loan as agreed, the total loan may become due and payable immediately and that legal action may be taken against me.
  8. I understand that if I cannot make payments on time, I must contact the Student Accounts Office at Evergreen to request other arrangements.
  9. If during my repayment I develop student loan problems that cannot be resolved through normal customer service, I may contact the US Department of Education Office of Student Financial Assistance Programs Ombudsman Office. The Ombudsman Customer Service line is 1 (877) 557-2575. Their website address is www.ombudsman.ed.gov.
  10. I agree to promptly answer any communication from Evergreen or it's billing agent* in regard to this loan.

*The Evergreen State College currently uses a company called University Accounting Service (UAS) to provide billing services (monthly billing statements, delinquent notices, etc.) for our Perkins Loan borrowers. You may reach UAS directly at 1-800-999-6227 or at their website www.uaservice.com.