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However, we prompt universities to return FSA money in order to financing software very first to attenuate the brand new borrower’s mortgage harmony. FSA legislation make reference to the degree of help one to is higher than the fresh allowablecharges as the a cards harmony. University directors possibly refer tothis since the a reimbursement; although not, this isn’t a similar thing as the a reimbursement below theschool’s reimburse plan or a blog post-detachment disbursement given to astudent beneath the return out of Identity IV money regulations.
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