Deal Program Loan Request for Release of Cosigner

DEAL PROGRAM LOAN REQUEST FOR RELEASE OF COSIGNER

BANK OF NORTH DAKOTA

STUDENT LOANS

SFN 59088 (03-2024)

Section 326 of the USA PATRIOT Act requires us to ask for the borrower's Social Security Number. The principal purpose and routine uses of this

information are to verify the borrower's identity, provide for the servicing of the borrower's account or loan, including communications with consumer

reporting agencies, and in the event it is necessary, to locate the borrower and collect on the borrower's loan(s). Providing any requested information is

mandatory in order to receive the requested service. We may not be able to grant the service if the requested information is not provided.

This notice also satisfies our obligations under the Privacy Act of 1974.

BORROWER INFORMATION

Borrower Name (first, middle, last) Social Security Number

Permanent Street Address

Home Telephone Number (include area code)

City

State

ZIP Code

Cell Telephone Number (include area code)

Email Address Employer Telephone Number (include area code)

I am requesting to have my cosigner(s) released from the DEAL, DEAL One or DEAL Consolidation loan(s) that I currently have.

I must meet each of the following requirements to qualify for the release of my cosigner(s):

• I must meet BND's current credit and eligibility criteria in effect at the time the request is made.

• I must reside in the U.S.

• The appropriate number of consecutive, regular on-time payments must have been made to BND.

1. For DEAL Student Loans, 24 consecutive, regular on-time payments are required.

2. For DEAL Consolidation or DEAL One Loans disbursed on/after January 1, 2013, 48 consecutive, regular on-time

payments are required.

3. For DEAL Consolidation Loans disbursed prior to January 1, 2013, 24 consecutive, regular on-time payments are

required.

• A regular on-time payment is a payment received within 15 days of the due date while in repayment status. This does not

include payments made during forbearance or deferment periods.

• The payment counter restarts if there is a period of reduced payments, deferment, forbearance or a payment is received

more than 15 days past the due date.

I understand that by signing this form and returning it to Bank of North Dakota (BND), I am agreeing and authorizing BND to pull my

credit report to confirm my creditworthiness and to verify my eligibility of the requirements listed above.

I will be notified of the approval or denial of this request.

Borrower Signature

Date (mm/dd/yyyy)

Return this form by mail, fax or email to:

Bank of North Dakota

Student Loans

PO Box 5509

Bismarck, ND 58506-5509

Fax: 701.328.5629

Email: [email protected]

For questions contact:

Toll-free: 833.397.0311

TTY: 800.366.6888

Email: [email protected]

FOR INTERNAL USE ONLY

Borrower has made appropriate number of consecutive, regular on-time payments (requires two initials)

Initials Initials

Repayment Status (requires two initials)

Initials Initials

FICO Score

Approve

Deny

Date (mm/dd/yyyy)

Initials