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<strong>Subrogation</strong> – A transfer in the ownership of a defaulted FFEL Program loan from a guarantor to the U.S. Department of Education. Loans to be subrogated are determined by established federal criteria, revised annually by DE.
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<strong>COA</strong> – Cost of Attendance, an estimate of a student' s total education-related expenses for an enrollment period. The COA generally includes tuition, fees, room, board, books, supplies, and personal expenses. May also be referred to as the “budget.”
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