GATE Student Loan Program definition

GATE Student Loan Program means the loan program FMC and Program Lender have established to assist students in financing the cost of education at various institutions of higher education, which is operated by FMC and Bank of America under the Student Umbrella Agreement.
GATE Student Loan Program means the FMC-sponsored program providing loans for graduate and undergraduate students who (a) may or may not have a credit history but do not have significant negative credit history, (b) are enrolled at schools that (i) agree to participate in the program, (ii) award the loans to specified students, and (iii) in most cases, provide direct or indirect credit support for the loans, as such program may be revised or modified from time to time.

Examples of GATE Student Loan Program in a sentence

  • Nothing in this Paragraph 6(a) governs any activity with respect to the GATE Student Loan Program or alters any exclusivity arrangement in the Student Umbrella Agreement.

  • In the event of any inconsistency or conflict between the foregoing provisions and the terms of the GATE Universal Loan Program Umbrella Agreement and/or the GATE Student Loan Program Umbrella Agreement, the terms of the GATE Universal Loan Program Umbrella Agreement and/or the GATE Student Loan Program Umbrella Agreement shall control.

  • Nothing in this Section 6(a) governs any activity with respect to the GATE Student Loan Program or alters any exclusivity arrangement in the Student Umbrella Agreement.

  • In the event that a Cost Center will provide support for both ▇▇▇▇-guaranteed loan programs and other programs (such as the GATE Student Loan Program) FMER shall propose a fair and equitable method of allocation of costs as part of its budget proposed under subsection 3.02(e) and shall not begin providing services for such other programs until the method of allocation of costs is agreed upon.