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<strong>M record</strong> Modification record, a record type that may be included in unsolicited CommonLine response files, if requested. An M record is sent in response files to indicate status updates and changes made by a source other than the school' s CTSF (Change Transaction Send File).
<strong>Plain Language Disclosure statement</strong> Document providing FFEL Program terms and other information in plain language (instead of jargon).
<strong>Nonsubsidized loan</strong> A loan that is not eligible for federal interest benefits. (Note: nonsubsidized loans were offered by some guarantors before the introduction of the unsubsidized Stafford Loan Program.)
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