Unsubsidized definition

Unsubsidized means a Loan made pursuant to Section 428H of the Higher Education Act.
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Unsubsidized means you are responsible for paying the interest while in school and during your six month grace period after you leave school.
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Unsubsidized or “nonsubsidized” means children or families that are not subsidized as defined above. 5 CCR 18074.1(e).
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Examples of Unsubsidized in a sentence

  • The Unsubsidized Stafford Loan program replaced the SLS program on July 1, 1994.

  • Ford Federal Direct Loan (Direct Loan) Program includes Federal Direct Stafford/Ford (Direct Subsidized) Loans, Federal Direct Unsubsidized Stafford/Ford (Direct Unsubsidized) Loans, Federal Direct PLUS (Direct PLUS) Loans, and Federal Direct Consolidation (Direct Consolidation) Loans.

  • An Unsubsidized loan is not based on financial need and it can be used for both undergraduate and graduate students.

  • For those who qualify, available financial assistance resources include PELL and Supplemental Educational Opportunity Grant ("FSEOG") grants, Direct Subsidized loans, Direct Unsubsidized loans, Direct PLUS loans, Veteran's Educational benefits, cash payment plans, and private student loan programs.

  • You are responsible for paying the interest on a Direct Unsubsidized Loan during all periods.

  • Federal Direct Unsubsidized Loans are available to eligible students regardless of financial need.

  • Interest begins to accrue on the Unsubsidized loan from the date of the first disbursement.

  • If you are a dependent student and your parent is denied the PLUS loan because of an adverse credit history, the student may apply for an additional Direct Unsubsidized Loan.

  • An Unsubsidized Stafford Loan is not awarded on the basis of need.

  • Interest does accrue during a deferment on a Direct Unsubsidized Loan, a Direct PLUS Loan, a Direct Unsubsidized Consolidation Loan, an unsubsidized Federal Stafford Loan, a Federal PLUS Loan, or a Federal SLS Loan.


More Definitions of Unsubsidized

Unsubsidized means the interest is not deferr ed while the student is in school. Because unsubsidized loans are not need-based, students may borrow funds over and above their eligibility for subsidized Direct Staf ford funds, either up to their cost of attendance minus
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Unsubsidized means that the student has the option of paying the interest or allowing it to accrue with the principal.
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Related to Unsubsidized

  • Unsubsidized Xxxxxxxx Loan means a Loan made pursuant to Section 428H of the Higher Education Act.

  • Subsidized Xxxxxxxx Loan means a Loan for which the interest rate is governed by Section 427A(a) or 427A(d) of the Higher Education Act.

  • Subsidy means the difference between the amount of periodic

  • Consolidation Loan means a Loan made pursuant to and in full compliance with Section 428C of the Higher Education Act.

  • Group 2 All of the Group 2 Certificates.

  • Loan Group 4 The Group 4 Mortgage Loans.

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

  • Continuation Coverage means coverage under a COBRA continuation provision or a similar state program. Coverage provided by a plan that is subject to a COBRA continuation provision or similar state program, but that does not satisfy all the requirements of that provision or program, will be deemed to be continuation coverage if it allows an individual to elect to continue coverage for a period of at least 18 months. Continuation coverage does not include coverage under a conversion policy required to be offered to an individual upon exhaustion of continuation coverage, nor does it include continuation coverage under the Federal Employees Health Benefits Program.

  • Loan Group 3 The Group 3 Mortgage Loans.

  • Interest Subsidy Payments means payments, designated as such, consisting of interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Loan Group 5 The Group 5 Mortgage Loans.

  • Group 3 All of the Group 3 Certificates.

  • Group I means Series 1997-1 and each other Series specified in the related Supplement to be included in Group I.

  • Group 4 All of the Group 4 Certificates.

  • Back siphonage means the backflow resulting from pressures lower than atmospheric pressure in the water installation;

  • Jumbo Loan means a Mortgage Loan that conforms to (i) all of the Agency Guidelines’ requirements for a Conventional Conforming Loan except that its original principal amount exceeds the maximum allowed by Agency Guidelines and (ii) the maximum CLTV and minimum FICO Score criteria specified on Schedule II.

  • Loan Group 2 The Group 2 Mortgage Loans.

  • Expatriate means an internationally recruited staff member, who is not a citizen or permanent resident of Samoa, and who resides in Samoa only by virtue of employment with SPREP.

  • Dental means of or relating to the teeth and the work of a dentist.

  • Fat wood means pieces of wood kindling with high naturally-occurring levels of sap or resin which enhance ignition of the kindling. “Fat wood” does not include any kindling with substances added to enhance flammability, such as wax-covered or wax-impregnated wood-based products.

  • Group 1 All of the Group 1 Certificates.

  • Spousal equivalent means a cohabitant occupying a relationship generally equivalent to that of a spouse.

  • Subsidiary Loan means any loan made pursuant to a Subsidiary Loan Agreement;

  • Loan Group 1 All Mortgage Loans identified as Loan Group 1 Mortgage Loans on the Mortgage Loan Schedule.

  • Group A means educational programs for career exploration, a

  • Continuing education means planned, organized learning acts designed to maintain, improve, or expand a licensee’s knowledge and skills in order for the licensee to develop new knowledge and skills relevant to the enhancement of practice, education, or theory development to improve the safety and welfare of the public.