Examples of Federal education loan in a sentence
For any other de- faulted Federal education loan, all col- lection costs that are owed may be charged to the borrower.(2) Upon receipt of the proceeds of a Direct Consolidation Loan, the holder of a consolidated loan must promptly apply the proceeds to fully discharge the borrower’s obligation on the con- solidated loan.
An alternative student loan is designed primarily to help students and their families pay for educational expenses that exceed other available financial aid resources such as scholarships, grants, and the Federal education loan programs.
For any other defaulted Federal education loan, all collection costs that are owed may be charged to the borrower.* * * * *(h) Repayment plans.
The Relevant Events detailed in clause 8(a) to (f) of the Recovery Determination cover grant paid in error or in excess of requirements.
If a parent is denied a Direct PLUS loan due to adverse credit history, the dependent student may be eligible for a higher unsubsidized loan amount.For further information regarding Federal education loan programs, including current interest rates and helpful tips for students and parents, go to: https://studentaid.gov/sites/default/files/federal‐loan‐ programs.pdf.
The borrower is now requesting financial aid from one of the Federal education loan programs.
The Maine Loan, MELA’s primary student loan product, exists to bridge the gap between the full cost of undergraduate and graduate higher education and other traditional financial aid resources such as scholarships, grants, and the Federal education loan programs.
Afterward, the Default Management Coordinator will contact the student to discuss in detail the information written below.Please explain why default occurred on your prior loan(s):Describe your personalized plan for avoiding a subsequent default on a Federal education loan: By signing this document, I certify that the information is complete, true and accurate.
Federal education loan participants must be enrolled on at least a half-time basis.• Be a U.S. citizen or an eligible non-citizen.
For any other defaulted Federal education loan, all collection costs that are owed may be charged to the borrower.(2) Upon receipt of the proceeds of aDirect Consolidation Loan, the holder of a consolidated loan must promptly apply the proceeds to fully discharge the borrower’s obligation on the consolidated loan.