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SEL and MLP lenders are required to provide FSA with a copy of the annual analysis report for each of their guaranteed loan accounts for which an analysis is required.

A. True
B. False

1 Answer

4 votes

Final answer:

SEL and MLP lenders are indeed required to provide the FSA with an annual analysis report for each of their guaranteed loan accounts, validating the statement as true.

Step-by-step explanation:

The statement that SEL and MLP lenders are required to provide the Federal Student Aid (FSA) with a copy of the annual analysis report for each of their guaranteed loan accounts for which an analysis is required is A. True. Student loan lenders, including those participating in the Federal Family Education Loan Program (FFELP), are indeed required to submit certain reports to ensure compliance with federal regulations and monitor the financial health and performance of the loans they guarantee.

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