On the basis of the information set forth in this application which we represent to be true, we respectfully request that a loan be granted to us for the current school year. We agree to repay our loan with interest in accordance with the provision contained in the Promissory Note we will sign to evident our loan. We agree to update the Massillon Educational Loan Foundation (MELF) with changes in personal information including an active address, telephone number, and email contact for the life of the loan. We further agree to notify MELF immediately should the borrower drop below full time status or withdraw from school. We authorize MELF to obtain a consumer credit report as may be necessary. We also acknowledge that fees may be incurred and reports may be made to a consumer credit bureau if this account is ever more than 90 days delinquent.