ARR Loan definition

ARR Loan means a Trust Student Loan as to which the related Obligor is more than 60 days delinquent in payments due and owed.

Examples of ARR Loan in a sentence

  • The Director of CDH has the authority to discount a CDH loan up to 20% of the total value with ARR Loan Committee approval.

  • Within 15 calendar days after notification by County to DEVELOPER PARTNER that the funding proposal is complete, the ARR Loan Committee will approve or deny the funding proposal.

  • Listing prices that would result in the County not being repaid its entire original loan amount must be approved by the ARR Loan Committee.