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<strong>Claim</strong> – The process by which the lender or holder requests reimbursement from the guarantor for a FFEL Program loan due to the borrower' s default, loss of eligibility, or qualification for forgiveness or discharge.
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<strong>Discharge</strong> – The release of a borrower or any comaker from all or a portion of his or her loan obligation. Valid reasons for discharge include school closure, death, total and permanent disability, an unpaid refund by the school, or the school' s false certification of a FFEL Program loan.
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lottery (C7)<br />A game of chance to obtain prizes funded by the sale of tickets; a set of pay-offs each with its own probability. In Italian 'lotto'
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