§ 5-5 General provisions
§ 5-10 Payment processing
§ 5-15 Fees
§ 5-20 Billing statements
§ 5-25 Payment histories
§ 5-30 Specialized assistance for student loan borrowers
§ 5-35 Disclosures related to discharge and cancellation
§ 5-40 Income-driven repayment plan certifications
§ 5-45 Information to be provided to private education loan borrowers
§ 5-50 Cosigner release
§ 5-55 Payoff statements
§ 5-60 Requirements related to the transfer of servicing
§ 5-65 Requests for assistance; account dispute resolution; appeals

Terms Used In Illinois Compiled Statutes > 110 ILCS 992 > Article 5 - Student Loan Bill of Rights

  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Forbearance: A means of handling a delinquent loan. A
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • United States: may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14