disclosure statement

Disclosure Statement
William D. Ford Federal Direct Loan Program

U.S. Department of Education
P.O. Box 9003
Niagara Falls, NY14302-9003

Direct Subsidized Loan
Direct Unsubsidized Loan
Borrower Information
1. Name and Address
Vargas, Ariel
2855 Sw 10th Street
Fort Lauderdale, FL 33312

2.Date of Disclosure Statement
09/10/2013
3.Area Code/Telephone Number
[phone]

School Information
4. School Name and Address
Broward College
225 East Las Olas Boulevard
Fort Lauderdale, FL 333012298

5. School Code/Branch
G01500

Loan Information
6. Loan Identification Number(s)
XXXXX1433S14G01500001

7. Loan Period(s)
08/26/2013 – 05/05/2014

8. Loan Fee %
1.051%

9. Information about the loan(s) that your school plans to disburse (pay out) follows. This information is explained in detail on the back.
The actual disbursement dates and amounts may be different than the dates and amounts shown below. The school and your servicer will notify you of the actual disbursement dates and amounts.
Direct
Subsidized
Loan

Gross Loan Amount
$3,500.00

–
–

Loan Fee Amount
$36.00

+
+

Interest Rebate Amount
$0.00

Your school plans to disburse the Net Loan Amount as follows:
Date
Net Disbursement Amount
Date
09/17/2013
$ 866.00
10/08/2013
$ 866.00
01/28/2014
$ 866.00
02/18/2014
$ 866.00

Direct
Unsubsidized
Loan

Gross Loan Amount
$0.00

–
–

Loan Fee Amount
$0.00

+
+

Interest Rebate Amount
$0.00

Your school plans to disburse the Net Loan Amount as follows:
Date
Net Disbursement Amount
Date

=
=

Net Loan Amount
$3,464.00

Net Disbursement Amount

=
=

Net Loan Amount
$0.00

Net Disbursement Amount

If there are further disbursements to be made on the loan(s) the school will inform you.

Disclosure Statement (continued)
This Disclosure Statement provides information about the Direct Subsidized Loan and/or Direct Unsubsidized Loan that your school plans to disburse