Defaulted Student Loan means a Financed Student Loan for which a XXXX Guaranty Event has occurred.
Defaulted Student Loan means a Financed Student Loan for which a TERI Guaranty Event has occurred.
Defaulted Student Loan means any Student Loan (i) as to which any payment, or portion thereof, is more than 180 days past due from the original due date therefor, unless such Student Loan is in a Deferment Status or Forbearance Status, (ii) the borrower of which is the subject of an Event of Bankruptcy or is deceased or disabled or (iii) as to which a continuing condition that with notice or the lapse of time or both would constitute a default, breach, violation or event permitting acceleration under the terms of such Student Loan (other than payment defaults continuing for a period of not more than 180 days).
Examples of Defaulted Student Loan in a sentence
Procedures0 Act/Review of Appeal ofAgency Decision0 950 Constitutionality of State Statutes0 1101nsurance0 120 Marine0 130 Miller Act0 140 Negotiable Instrument150 Recovery of0 Overpayment& Enforcement ofJudgment0 151 Medicare Act152 Recovery of0 Defaulted Student Loan (Excl.
Student Loan 152 Recovery of Defaulted Student Loan (excluding veterans)o K.
David Lebryk, Treasury Fiscal Assistant Secretary, “Working to Achieve Better Outcomes for Student Loan Borrowers,” Treasury Notes, February 11, 2016; David Lebryk, “An Update on the Fiscal-Federal Student Aid Pilot for Servicing Defaulted Student Loan Debt,” Treasury Notes, July 1, 2016.
Author’s calculations using U.S. Department of Treasury, “Report on Initial Observations from the Fiscal-Federal Student Aid Pilot for Servicing Defaulted Student Loan Debt,” 2016, https://www.treasury.gov/connect/blog/Documents/student-loan-pilot-report-july-2016.pdf.
Procedures Act/Review of Appeal of Agency Decision950 Constitutionality of State StatutesCONTRACT110 Insurance120 Marine130 Miller Act140 Negotiable Instrument150 Recovery of Overpayment & Enforcement of Judgment151 Medicare Act152 Recovery of Defaulted Student Loan (Excl.
More Definitions of Defaulted Student Loan
Defaulted Student Loan. Any Student Loan that is more than 150 days delinquent.
Defaulted Student Loan has the meaning as set forth in the Master Loan Agreement
Defaulted Student Loan means any Student Loan (i) that is defaulted with respect to any applicable servicing requirements; (ii) (A) with respect to any FFELP Loan, as to which any payment, or portion thereof, is defaulted under the terms of the FFELP Program unless such Student Loan is in Deferment or (B) with respect to any Private Loan, is more than 120 days past due from the original due date therefor; or (iii) the Obligor of which is the subject of an Event of Bankruptcy or is deceased or disabled.
Defaulted Student Loan means any Student Loan (a) as to which any payment, or portion thereof, is more than the number of days past due from the original due date thereof as allowed by the terms of the Higher Education Act (which number of days, as of the Closing Date, is 270), unless such Student Loan is a Higher Education Act Student Loan and such Student Loan is in Deferment, (b) the Obligor of which is the subject of an Event of Bankruptcy or is deceased or disabled, or (c) as to which a continuing condition that with notice or the lapse of time or both would constitute a default, breach, violation or event permitting acceleration under the terms of such Student Loan (other than payment defaults continuing for a period of not more than the number of days past due from the original due date thereof as allowed by the terms of the Higher Education Act).
Defaulted Student Loan means any Student Loan (a) as to which any payment or portion thereof is more than the number of days past due from the original due date thereof that would permit the Bank Eligible Lender Trustee, the Interim Bank Eligible Lender Trustee, or any other Person acting on its behalf, to submit a default claim to the applicable Guarantor under the terms of the Higher Education Act (which number of days, as of the date of the Pledge Agreement, is 270), (b) the Obligor of which is the subject of an Event of Bankruptcy (without giving effect to any applicable cure or continuance period) or is deceased or disabled or (c) as to which a continuing condition exists that, with notice or the lapse of time or both, would constitute a default, breach, violation or event permitting acceleration under the terms of such Student Loan (other than payment defaults continuing for a period of not more than the number of days past due from the original due date thereof that would permit the submission of a default claim to the applicable Guarantor under the terms of the Higher Education Act). “Department of Education” means the United States Department of Education, or any other officer, board, body, commission or agency succeeding to the functions thereof under the Higher Education Act. “Eligible FFELP Loan” means a Student Loan which meets the following criteria as of any date of determination:
Defaulted Student Loan means any Student Loan (i) that is defaulted with respect to any applicable servicing requirements; (ii) as to which any payment, or portion thereof, is more than [****] days past due from the original due date therefor; or (iii) the Obligor of which is the subject of an Event of Bankruptcy or is deceased or disabled.
Defaulted Student Loan means, (i) any Student Loan that is defaulted with respect to any applicable servicing requirements; (ii) in the case of any Student Loan guaranteed under a Guarantee Agreement, (A) as to which any payment, or portion thereof, is more than 90 days past due from the original due date therefor as of the time of purchase of such Student Loan by the Issuer, (B) the Obligor of which is the subject of an Event of Bankruptcy or (C) the death of all Obligors on the account; or (iii) in the case of any Student Loan not guaranteed under a Guarantee Agreement or a Student Loan guaranteed under a Guarantee Agreement with respect to which a Guarantor Event of Default has occurred, (A) as to which any payment, or portion thereof, is more than 90 days past due from the original due date therefor; (B) the Obligor of which is the subject of an Event of Bankruptcy or (C) the death of all Obligors on the account.