SLS Loans definition

SLS Loans means supplemental loans for students authorized by the federal and state governments to help independent undergraduate, graduate, and professional students paythe costs of education beyond high school.
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SLS Loans means a Student Loan originated under the authority set forth in Section 428A (or a predecessor section thereto) of the Higher Education Act and shall include Student Loans designated as “SLS Loans,” as defined under the Higher Education Act.
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SLS Loans means supplemental loans for students authorized by the federal and stategovernments to help independent undergraduate, graduate and professional students pay the costs of education beyond high school.
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Examples of SLS Loans in a sentence

  • Each Financed Student Loan that is a Financed Federal Loan qualifies the holder thereof to receive Interest Subsidy Payments (other than SLS Loans, unsubsidized ▇▇▇▇▇▇▇▇ Loans and certain Consolidation Loans) and Special Allowance Payments from the Department and Guarantee Payments from the applicable Guarantor and qualifies the applicable Guarantor to receive reinsurance payments thereon from the Department.

  • Each Financed Student Loan is guaranteed by an eligible guarantor under the Higher Education Act and qualifies the holder thereof to receive Interest Subsidy Payments (other than SLS Loans, unsubsidized ▇▇▇▇▇▇▇▇ Loans, and those Consolidation Loans for which the related loan application was submitted prior to January 1, 1993) and Special Allowance Payments from the Department and Guarantee Payments from the Guarantor and qualifies the Guarantor to receive reinsurance payments thereon from the Department.

  • Each Group I Student Loan that is a Financed Federal Loan qualifies the holder thereof to receive Interest Subsidy Payments (other than SLS Loans, unsubsidized ▇▇▇▇▇▇▇▇ Loans and certain Consolidation Loans) and Special Allowance Payments from the Department and Guarantee Payments from the applicable Guarantor and qualifies the applicable Guarantor to receive reinsurance payments thereon from the Department.

  • Each KBUSA Financed Student Loan that is a KBUSA Financed Federal Loan qualifies the holder thereof to receive Interest Subsidy Payments (other than SLS Loans, unsubsidized ▇▇▇▇▇▇▇▇ Loans and certain KBUSA Consolidation Loans) and Special Allowance Payments from the Department and Guarantee Payments from the applicable Guarantor and qualifies the applicable Guarantor to receive reinsurance payments thereon from the Department.

  • Each Financed Student Loan is guaranteed by an eligible guarantor under the Higher Education Act and qualifies the holder thereof to receive Interest Subsidy Payments (other than SLS Loans, unsubsidized Stafford Loans, and those Consolidation Loans for which the r▇▇▇▇▇▇ ▇oan application was submitted prior to January 1, 1993) and Special Allowance Payments from the Department and Guarantee Payments from the Guarantor and qualifies the Guarantor to receive reinsurance payments thereon from the Department.

  • Each Group I Student Loan that is a Financed Federal Loan qualifies the holder thereof to receive Interest Subsidy Payments (other than SLS Loans, unsubsidized Stafford Loans and certain Consolidation Loans) and Special A▇▇▇▇▇▇▇▇ Payments from the Department and Guarantee Payments from the applicable Guarantor and qualifies the applicable Guarantor to receive reinsurance payments thereon from the Department.

  • Each FFELP Student Loan is guaranteed by an eligible guarantor under the Higher Education Act and qualifies the holder thereof to receive Interest Subsidy Payments (other than SLS Loans, unsubsidized ▇▇▇▇▇▇▇▇ Loans, and those Consolidation Loans for which the related loan application was submitted prior to [January 1, 1993]) and Special Allowance Payments from the Department and Guarantee Payments from the Guarantor and qualifies the Guarantor to receive reinsurance payments thereon from the Department.

  • Approximately $44,000,000 of the Group I Subsequent Student Loan Sub-Account shall be used for the purchase of Federal Consolidation Loans and approximately $7,000,000 of the Group I Subsequent Student Loan Sub-Account shall be used for the purchase of ▇▇▇▇▇▇▇▇ Loans, PLUS Loans or SLS Loans.

  • Delinquencies: ------------- 30-60 Days 61-90 Days 91-120 Days More than 120 Days Delinquent Claims Filed Awaiting Payment Loan Type: --------- ▇▇▇▇▇▇▇▇ Loans SLS Loans PLUS Loans Consolidation Loans School Type: ----------- Traditional Vocational/Proprietary EXHIBIT C TO THE ADMINISTRATION AGREEMENT Form of Swap Agreement pursuant to Section 2(j) of the Administration Agreement.

  • Each Financed Student Loan qualifies the holder thereof to receive Interest Subsidy Payments (other than SLS Loans, unsubsidized ▇▇▇▇▇▇▇▇ Loans and certain Consolidation Loans) and Special Allowance Payments from the Department and Guarantee Payments from the applicable Guarantor and qualifies the applicable Guarantor to receive reinsurance payments thereon from the Department.