Student Loan Agreement

This Student Loan Agreement ("Agreement") is made on this day of , , by and between:

Lender:
Address:

Borrower:
Address:

1. Loan Amount

The Lender agrees to loan the Borrower the sum of (“Loan Amount”).

2. Purpose of Loan

The Loan Amount shall be used by the Borrower for the following purpose:

3. Interest Rate

The Loan Amount will bear interest at a rate of % per annum.

4. Repayment Terms

The Borrower shall repay the Loan Amount in installments of each, beginning on and thereafter on the day of each month.

5. Prepayment

The Borrower may prepay all or part of the Loan Amount at any time without penalty.

6. Default

If the Borrower fails to make any payment under this Agreement when due, the entire remaining balance shall become immediately due and payable at the option of the Lender.

7. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of .

8. Miscellaneous

This Agreement constitutes the entire agreement between the parties and supersedes any prior agreements or understandings. Any amendments must be in writing and signed by both parties.