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Old 08-03-2011, 10:01 PM   #138
Antisdill
 
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Default Latest financial news in Barnoldswick

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<strong>Wage garnishment</strong> – The withholding of a portion of a borrower' s wages to repay a defaulted loan. (See also AWG.)

<strong>NOG</strong> – Notice of Loan Guarantee and Disclosure Statement, which is sent to lenders upon the guarantee of a loan by the MDHE. The lender then sends a copy of the NOG to the borrower.

<strong>RSMo</strong> – Revised Statutes of Missouri, the document authorizing the Missouri state student aid programs and designating the MDHE as the administrative body for the FFELP and the state aid programs. The revised statutes are available on the General Assembly' s website at www.moga.mo.gov/statutesearch/, and the MDHE may be found in Chapter 173.
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