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<strong>Template</strong> – Feature within MODEL Direct allowing a school to establish common values, such as loan period dates, that can be applied to multiple loans being certified.
<strong>Leave of Absence (LOA)</strong> – An approved leave of absence is a break in enrollment, not including a regularly scheduled semester break or spring break, that is requested by the student and approved by the school. The student' s request must be in writing and must include the reason for the leave. An LOA cannot exceed 180 days in any 12-month period.
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