Student Loan Code Of Conduct
Western International University® (West) observes the federal regulations regarding student loan requirements. The Student Loan Code of Conduct is designed to create and ensure uniform student loan practices that focus on the best interest of borrowers. In this document (titled Student Loan Code of Conduct), restrictions are defined to manage the relationships among school employees, learning institutions, lender advisory board members, and student loan organizations.
Students are encouraged to review the Student Loan Code of Conduct to learn more about the requirements governing loan regulations.If you have any questions about this document, please email Western International University.
EFFECTIVE WITH 2013-2014 AND FOLLOWING AWARD YEARS
On July 6, 2012, the Moving Ahead for Progress in the 21st Century Act (MAP-21) (Public Law 112-141) was enacted. MAP-21 added a new provision to the Direct Loan statutory requirements that limits a first-time borrower’s eligibility for Direct Subsidized Loans to a period not to exceed 150 percent of the length of the borrower’s educational program. Under certain conditions, the provision also causes first-time borrowers who have exceeded the 150 percent limit to lose the interest subsidy on their Direct Subsidized Loans. For more information please review this document regarding Direct Subsidized Loans for new borrowers.