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What happens to my PEP room and board coverage if my son or daughter moves off campus?

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What happens to my PEP room and board coverage if my son or daughter moves off campus?

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We can send you a check for your room and board coverage at the beginning of each semester so you can pay for off-campus rent and food. Or, we can reduce the plan by the unused number of semesters for room and board, adjusting the principal and interest on the loan.

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