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An escrow account is a fund held by your servicer that you pay into for property taxes and homeowners insurance.Your escrow payment typically is part of your monthly mortgage payment.In finance, a loan is the lending of money from one individual, organization or entity to another individual, organization or entity.

When you get a mortgage, you may think that the lender will hold and service your loan until you pay it off or sell your home. In today’s market, loans and the rights to service them often are bought and sold.

In many cases, the company that you send your payment to is not the company that owns your loan.

Students can also give other persons access to viewing and making payments to their bill via the Catalyst portal.

At the same time, plan for loan processing thresholds so as not to be too tight with financial obligations (i.e., rent due the same day your loan disburses).

Even after all financial aid resources are taken into account, you may find that you still need to pay a portion of your Husson University charges (tuition, fees and room and board if living on campus).

Don't forget that Federal Work Study is paid directly to the student via bi-weekly paychecks and not credited to your student account. Various programs are available to students and their families.Husson University is committed to providing an outstanding quality education at an affordable price.Our reasonable and competitive tuition costs are the lowest possible for a private institution without state subsidies.A home is one of the most expensive purchases you’ll make, so it’s important to know who is handling your payments and that your mortgage account is properly managed.The Federal Trade Commission (FTC), the nation’s consumer protection agency, wants you to know what a mortgage servicer does and what your rights are.In addition to accepting an awarded loan, you must complete the loan process.

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