Educational loan definition

Educational loan means a loan made by the authority to an institution.
Educational loan means any loan that is made, insured, or guaranteed under Tit. IV of the federal Higher Education Act of 1965, as amended, directly to a borrower solely for educational purposes, or any private educational loan.
Educational loan means a health education assistance loan, a plus loan, a national direct student loan, a stafford loan, a health professions students loan, a supplemental loan for students, a guaranteed student loan from a state education financial aid office, a university sponsored student loan, a trust fund loan, a scholastic loan, a foundation loan or any other loan that the depart- ment determines is exclusively for educational purposes, and that was obtained by the physician or dentist from a public or private lending institution for education in an accredited school of medi- cine, an accredited school of dentistry, or for post graduate medi- cal or dental training.

Examples of Educational loan in a sentence

  • Educational loan borrowers who have previously had or have a relationship with MOHELA through its loan origination, servicing products or educational loan borrowers whose loans are acquired through MOHELA's loan purchase will not be subject to the requirements of this policy providing MOHELA staff is reasonably assured they know the true identity of the educational loan borrower.

  • I/We further declare that I/We have not raised and will not raise any Educational loan amount as mentioned in the schedule from any agency or financial institution, person/s or Banks for the said purpose.

  • The Guarantor has executed the Deed of Guarantee at the place and date herein above-mentioned I/We , residing at BANK COPY I/We say that I/ We have availed Educational loan amount as mentioned in the schedule facility of Rs. from Axis Bank Ltd for the purpose of Education.

  • Employees receiving a scholarship shall adhere to all understandings identified in the Educational loan agreement associated with a Paramedic Scholarship Program.

  • Educational loan: financial operation in which CONAPE delivers a fixed or variable amount of money to a borrower (student) at the beginning of the operation to cover the direct and / or indirect expenses of his studies, with the condition that the borrower return that amount along with the agreed interest within a certain period.


More Definitions of Educational loan

Educational loan means a student loan which is:
Educational loan means a commercial, government, or government-guaranteed loan taken to pay educational expenses.
Educational loan means a health education assistance loan, a plus loan, a national direct student loan, a stafford loan, a health professions student loan, a supplemental loan for students, a guaranteed student loan from a state education financial aid of- fice, a university sponsored student loan, a trust fund loan, a scho- lastic loan, a foundation loan or any other loan that the department determines is exclusively for educational purposes, and that was obtained by the health care provider from a public or private lend- ing institution for education related to the heath care provider’s field of practice.
Educational loan means any loan that is made, insured, or guaranteed under title IV of the federal Higher Education Act of 1965, as amended, any high risk loan, or any private loan issued by a lending institution for the purposes of paying for or financing higher education expenses.
Educational loan means any student loan made, insured or originated under Title IV.
Educational loan means any loan guaranteed by the State Scholarship Commission under the Higher Education Student Assistance Law, any education loan made by an institution of higher education from the proceeds of a loan to the institution by the Illinois Finance Authority under the Higher Education Loan Act, or any other loan from public funds made for the purpose of financing an individual's attendance at an institution of higher education. (Section 1(a) of the Educational Loan Default Act)
Educational loan means the same as defined in section 261F.1.