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The mission of this act is to support workforce development activities on the state and local level.
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If, at the end of the loan term, you are unable to pay the loan in full, your loan provider must provide a 60-day grace period without additional charge.
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If you fear a turn for the worse in your financial condition within the next few years take the 20 year or 25 year or even the 30 year loan, so you can be on the safe side.
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