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2012-2013 - Marquette University Bulletin

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<strong>Marquette</strong> <strong>University</strong> - Graduate School of Management <strong>Bulletin</strong> 53<br />

Terms:<br />

1. Interest rate is fixed at 7.9 percent.<br />

2. Interest is charged for the life of the loan.<br />

3. Interest and principal may be paid while in school.<br />

4. A 2.5 percent processing fee is deducted from the loan proceeds when the funds are disbursed. See loan disclosure statement for<br />

details.<br />

5. No prepayment penalty.<br />

Application Process:<br />

1. File the free Application for Federal Student Aid.<br />

2. Complete and submit the Federal Direct Grad PLUS Loan Credit Authorization form.<br />

3. Eligible students whose Grad PLUS Loans have been accepted will receive instructions on completing the electronic Master<br />

Promissory Note (eMPN) and entrance counseling.

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