2808.01.04.02  SINGLE LOANS

A single loan usually is considered to be one or more loan advances from the 
same institution bearing a common interest rate and with common loan 
provisions.  Some institutions may handle such loans as separate in 
accordance with the academic year of issuance or differing grace periods.  As is 
the case with multiple loans, the billing statement should include complete 
and detailed information on the account(s).