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Halftime Student:
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In general, this means attending at least six semester or quarter hours per academic term at a traditional school and 12 clock hours per week for institutions that utilize clock hours to measure progress.
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Holder:
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The organization that owns the right and title of the Promissory Note until the loan has been paid in full. Holders can change throughout the life of the loan. For example, the lender who originally funded the loan is the holder but if the loan is sold, the buyer becomes the holder. You will be notified in writing if your loan is sold.
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