Duke University
Financial Aid -- Making Your Duke Education Affordable
spacer image to produce gray vertical line spacer image to produce 10px vertical buffer between beanner and main content columns
spacer image to produce 15px left buffer for text

Glossary of Financial Aid Terms

"B" Terms

Borrower
The person who assumes legal obligations for the repayment of the loan principal plus interest. In the case of a Federal Perkins or Federal Stafford Loan, the borrower is the student. In the case of a PLUS Loan and many private or supplemental loan programs, the borrower is the parent. In a few private programs, the student and the parent(s) assume the responsibility jointly.
spacer image to simulate content well space 		spacer image to produce 15px right buffer for text
spacer image to generate gap between page body and footer
spacer image to generate gray horizontal rule between page body and footer
spacer image to produce 15px left buffer for text
spacer image to generate gray horizontal rule after footer
spacer image to generate gap after footer

© Duke Financial Aid