Education Lender definition

Education Lender means a lender who makes loans under the Federal Family Education Loan Program or private education loans that are not insured by the federal government or both. “FFELP” means the Federal Family Education Loan Program pursuant to Title IV of the Higher Education Act.
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Education Lender means a lender who makes loans under the private education loans that are not insured by the federal government.
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Education Lender means a lender who makes loans to our students for educational purposes.
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Examples of Education Lender in a sentence

  • If such benefits are not reinstated within twelve (12) months of denial by Guarantor or the Department of Education, Lender agrees to sign a Loan Sale Agreement to sell the Education Loan to another Eligible Lender (as defined in the Act) of Servicer's choice ("Buyer").

  • Upon request, Lender may participate in receipt of the Department of Education Lender Audit Guide and Servicer’s SAS 70 report, by paying a pro-rata share of the cost of same.

  • As of the Effective Date, all Student Loans originated under the Union Bank name and Union Bank's U.S. Department of Education Lender Identification Numbers for which first disbursements are made on and after the Effective Date will be immediately funded by Nelnet or its affiliates by virtue of Union Bank's sale of 100% participation interests therein pursuant to Nelnet's or its affiliates' then standard participation agreement.


More Definitions of Education Lender

Education Lender means a lender who makes loans under the Federal Direct Loan program or private education loans that are not insured by the federal government.
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