Electronic Signature

Here are some frequently asked questions about electronic
signature, a tool for the future of electronic student loan processing. Contact
your financial aid office for details on your school’s participation plans.

1. What is an electronic signature?
2. What types of student loan documents can be signed electronically?
3. How can electronic signatures be used to sign contracts and other documents?
4. How does this affect my student loan?
5. What are the benefits of electronic signature?
6. How much faster will I receive my loan funds?
7. Does my school or lender have to participate?
8. Will all schools offer electronic signatures?
9. If my lender offers electronic signature and my school participates in E-Signature, will I be required to use electronic signature?
10. Can I still get a copy of the promissory note?
11. Is E-Signature on a student loan document a confidential transaction?