It is important to stay on top of your loan information, and making sure to contact your loan servicer if you are having trouble making payments can help you avoid default.
Do you want to know what happens if you don't make a payment on time or if you don't?
yes
ok note that if this happens your loan is delinquent and late fees may be charged. Even if you are behind on your loan, you can still avoid default, so it is important that you contact your loan manager immediately.
What can I do to avoid non-compliance?
Take the time to fully understand your loan agreement and the types of loans you are receiving. It is also important that you do not borrow more than you need or more than you expect to be able to pay
how can i track my loans online
Find information on all your federal student loans from the US Department of Education by logging in to "My Federal Student Aid".
What is a point for which loans, scholarships or study and work funds must be repaid?
Please note that it is a legal document. Signing a promissory note means that you agree to repay the loan in accordance with the terms of the promissory note.
what advice can you give me to avoid non-compliance