Deferment definition
Deferment means a deferment of the payment of amounts of prescribed charges, beyond the date by which payment in full of the amount demanded would otherwise have been required to be made, whether authorised under —
Deferment means any authorized delay in the
Deferment means the period defined by the Act and applicable Regulations during which a Borrower (in Repayment) may postpone making payments.
Examples of Deferment in a sentence
For each Deferment, the amount of the Monthly PERR Payment shall increase to $10,000.00 (the “Deferred PERR Payment”), which shall be due upon the PER Maturity Date as provided in Section 7.5 below.
If the Monthly PERR Payment is not made within fifteen (15) days of when it is due, the Manager shall be deemed to have exercised a Deferment (provided one of the four is available).
More Definitions of Deferment
Deferment means the period permitted by the Higher Education Act and the policies of the applicable Guarantor as being a period during which a borrower under a Student Loan may postpone making payments of principal and/or interest.
Deferment means any authorized delay in the payment by a student of all or part of his tuition fee, charges for room and board, application fee, student activity fee, or any other charge or fee.
Deferment means the postponement of repayment of the Loan or Loans authorized by the Authority pursuant to Rule .0409.
Deferment. (SAL/SALT only) means a GSFA approved period of time, not to exceed thirty-six (36) cumulative months, during repayment in which the Borrower, upon meeting certain conditions, is not required to make payments on the loan and during which time interest does not accrue on the outstanding principal balance of the loan.
Deferment means a period of time approved by GSFA during repayment in which the Borrower, upon meeting certain conditions, is not required to make payments on the loan and during which time interest does not accrue on the outstanding principal balance of the loan.
Deferment. If the Resident is a student and is awaiting receipt of a financial aid award and/or scholarships, the Resident may make arrangements with the University's Financial Aid Office to execute a deferment in an amount equal to the entire Residence Fee balance for the current semester, excluding the Confirmation Payment which must be paid to USC Housing directly upon submission of a signed/electronically confirmed Contract.
Deferment means a period of time approved by GSFA during repayment in which the Borrower, upon meeting certain conditions, is not required to make payments on the loan