Code of Federal Regulations Title 34. Education § 34.674.41 Due diligence—general requirements

(1) Keep the borrower informed, on a timely basis, of all changes in the program that affect his or her rights or responsibilities;  and

(2) Respond promptly to all inquiries from the borrower.

(3) Provide the borrower with information on the availability of the Student Loan Ombudsman's office if the borrower disputes the terms of the loan in writing and the institution does not resolve the dispute.

(1) The enrollment status of the borrower;

(2) The expected graduation or termination date of the borrower;

(3) The date the borrower withdraws, is expelled or ceases enrollment on at least a half-time basis;  and

(4) The current name, address, telephone number and Social Security number of the borrower.