| (1) |
Upon default in payment of a student loan or an installment payment on a student loan, the entity responsible for collecting the loan may send a notice, by certified mail, to the borrower at the borrower’s last known address. |
Terms Used In Utah Code 53B-14-102
- 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.
- Board: means the Utah Board of Higher Education described in Section 53B-1-402. See Utah Code 53B-1-101.5
- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
| (2) |
The notice shall state the following:
| (a) |
the date and amount of the loan; |
| (b) |
the balance of the loan; |
| (c) |
the amount of delinquent installments and the dates they were due; |
| (d) |
a demand for immediate payment of delinquent installments; |
| (e) |
the right of the borrower to file a written response to the notice, to have a hearing, to be represented at the hearing, and to appeal any decision of the hearing examiner; |
| (f) |
the time within which a written response must be filed; and |
| (g) |
the power of the college, university, or board upon the failure of the borrower to respond or upon a decision of the hearing examiner adverse to the borrower, to obtain an order under this chapter and to execute upon income tax overpayments or refunds of the borrower. |
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Enacted by Chapter 167, 1987 General Session
