Unsubsidized Stafford Loan definition

Unsubsidized Stafford Loan means a Loan made pursuant to Section 428H of the Higxxx Xxxxation Act.
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Unsubsidized Stafford Loan means a FFELP Loan made pursuant to Section 428H of the Higher Education Act.
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Unsubsidized Stafford Loan means a Loan described in Section 428H of the Higher Education Act.
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Examples of Unsubsidized Stafford Loan in a sentence

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

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

  • Any refund amount is applied in the following order: Direct Unsubsidized Stafford Loan, Direct Subsidized Stafford Loan, Federal Perkins Loan, Direct PLUS Loan (Graduate Student), Direct PLUS Loan (Parent), Federal Pell Grant, Federal SEOG, and TEACH Grant.

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

  • A dependent undergraduate stu- dent who qualifies for the additional Unsubsidized Stafford Loan amounts under this section in accordance with the conditions specified in § 682.201(a)(3) is not eligible to receive the additional Unsubsidized Stafford Loan amounts under paragraph (c)(1)(ii) of this sec- tion.(e) Combined Federal Stafford, SLS and Federal Unsubsidized Stafford Loan Pro- gram aggregate limits.

  • For the example, the entire $990 Unsubsidized Stafford Loan would be returned to the servicer (canceled from your account) as well as $2723 of the Subsidized Stafford Loan and $625.50 of the Perkins Loan.

  • For this example, the entire $3,713 Unsubsidized Stafford Loan would be returned to the servicer (canceled from your account) as well as $728 of the Subsidized Stafford Loan.

  • Federal Direct Unsubsidized Stafford Loan – These loans are available to undergraduate students and there is no requirement to demonstrate financial need.

  • Students are also required to complete Exit Loan Counseling prior to graduation.Students at Five Branches University that are participating in the Direct Unsubsidized Stafford Loan Program will have their funds sent by the Department of Education by EFT (Electronic Funds Transfer).

  • The term ‘‘eligible Federal Direct Loan’’ means a Federal Direct Stafford Loan, Fed- eral Direct PLUS Loan, or Federal Direct Unsubsidized Stafford Loan, or a Federal Di- rect Consolidation Loan.


More Definitions of Unsubsidized Stafford Loan

Unsubsidized Stafford Loan means a Stafford loan provided under 20 U.S.C. 1078-8 without an interest subsidy.
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Unsubsidized Stafford Loan means a Loan made pursuant to Section 428H of the Xxxxxx Education Act.
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Unsubsidized Stafford Loan means a Loan described in Section 428H of the Higher Education Act. Section 4. Delivery of Loans to Custodian; Purchase and Sale of Participation Interests.
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Unsubsidized Stafford Loan means a Financed Student Loan designated as such xxxx xx made under ' 428H of the Higher Education Act.
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Related to Unsubsidized Stafford Loan

  • 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.

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

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

  • 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.

  • Mortgage Loan Borrower Related Party shall have the meaning assigned to such term in Section 13.

  • Related Loan Group For Group 1, Loan Group 1; for Group 2, Loan Group 2; for Group 3, Loan Group 3; and for Group 4, Loan Group 4.

  • Subloan means a loan made or proposed to be made partially out of the proceeds of the Loan by a Participating Bank to a Beneficiary (as such term is hereinafter defined) under Parts D and I of the Project for the financing of the investments and associated working capital under Subprojects (as such term is hereinafter defined);

  • Serviced Pari Passu Companion Loan A Pari Passu Companion Loan that is part of a Serviced Loan Combination. With respect to each Servicing Shift Mortgage Loan and the related Servicing Shift Loan Combination, each related Pari Passu Companion Loan will cease to be a Serviced Pari Passu Companion Loan on and after the related Servicing Shift Date.

  • Refinance Loan Any Mortgage Loan the proceeds of which are used to refinance an Original Mortgage Loan.

  • Pro Rata and Pari Passu Basis means with respect to the Notes and the Note Holders, the allocation of any particular payment, collection, cost, expense, liability or other amount between such Notes or such Note Holders, as the case may be, without any priority of any such Note or any such Note Holder over another such Note or Note Holder, as the case may be, and in any event such that each Note or Note Holder, as the case may be, is allocated its respective Percentage Interest of such particular payment, collection, cost, expense, liability or other amount.

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Loan Group 4 The Group 4 Mortgage Loans.

  • SLS Loan means a Loan which was made pursuant to the Supplemental Loans for Students Program established under Section 428A of the Higher Education Act (or predecessor provisions), including Loans referred to as ALAS Loans or Student PLUS Loans.

  • Pari Passu Companion Loan A Companion Loan that, pursuant to the related Loan Documents and/or the related Co-Lender Agreement, is pari passu in right of payment to the related Split Mortgage Loan. The only Pari Passu Companion Loans related to the Trust as of the Closing Date are evidenced by the Notes identified in the Loan Combination Table under the column heading “Pari Passu Companion Loan(s),” each of which Notes evidences a separate Pari Passu Companion Loan.

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

  • Companion Loan Rating Agency With respect to any Serviced Companion Loan, any rating agency that was engaged by a participant in the securitization of such Serviced Companion Loan to assign a rating to the related Serviced Companion Loan Securities.

  • Class B-5 Interest Shortfall Amount As to any Distribution Date, any amount by which the Interest Accrual Amount of the Class B-5 Certificates with respect to such Distribution Date exceeds the amount distributed in respect of the Class B-5 Certificates on such Distribution Date pursuant to Paragraph seventeenth of Section 4.01(a).

  • Group 3 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 3 Mortgage Loans.

  • Refinanced Term Loans shall have the meaning provided in Section 13.1.

  • Class B-1 Interest Shortfall Amount As to any Distribution Date, any amount by which the Interest Accrual Amount of the Class B-1 Certificates with respect to such Distribution Date exceeds the amount distributed in respect of the Class B-1 Certificates on such Distribution Date pursuant to Paragraph fifth of Section 4.01(a).

  • Loan Group 3 The Group 3 Mortgage Loans.

  • Group 2 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 2 Mortgage Loans.

  • Refinancing Term Loans means one or more Classes of Term Loans hereunder that result from a Refinancing Amendment.

  • Loan Group 5 The Group 5 Mortgage Loans.