1. The University accepts no responsibility for any variation in currency exchange rates.
This applies to Direct Loans and variations between the points of a calculated Cost of Attendance, loan origination, and between the first, second, and - if applicable - third disbursements. As per US Federal Regulation 34 CFR 668.164, The University of Plymouth is bound to supplying this statement (and if appropriate issuing any remaining funds) no later than 14 calendar days after it initially disburses the originated funds.
This also applies to private loans and VA Educational Benefits which may be subject to exchange rate variations between certifications and the negotiation of cheques received from lenders/sponsors for Private Loans and VA Educational Benefits.