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Anvisha [2.4K]
2 years ago
6

what document explains your rights and responsibilities as a federal student loan borrower? your master promissory note. your bi

lling statement. your financial aid offer
Business
1 answer:
Natalija [7]2 years ago
7 0

The document that explains your rights and responsibilities as a federal student loan borrower is A. your master promissory note.

The master promissory note refers to the legal document where one promises to repay their loans and any fees or accrued interests to the Department of Education.

The <em>master promissory note</em> also explains the terms and the conditions of the loan that's taken. It's simply a legally binding document. One has to understand the rights and then responsibilities before one takes the loan.

In conclusion, the correct option is your master promissory note.

Read related link on:

brainly.com/question/25077675

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