Direct Loan definition

Direct Loan means any loan made by Canada under section 6.1 of the CSFAA on or after August 1, 2000.

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Direct Loan means motor vehicle promissory notes and security agreements executed by an Obligor in favor of a motor vehicle lender.

Direct Loan means the lending of a book or other item directly to a borrower.

Examples of Direct Loan in a sentence

• If a student who has received Title IV, HEA program assistance is owed a refund, the school will allocate the refund in the following order: Federal Direct Loan Program, Federal Parent Loan for Undergraduate Study (PLUS), Federal Pell Grant, any other Title IV Assistance, to student.

• The return of Title IV funds under the Federal Refund Policy follows a specific order, as follows: • Unsubsidized Direct Loan, Subsidized Direct Loan, Direct PLUS Loan, Pell Grant, FSEOG, Other Funding.

• Title IV financial aid includes aid from the Pell Grant, Supplemental Educational Opportunity Grant (SEOG), Direct Loan, PLUS Loan, ▇▇▇▇▇▇▇ Loan, and TEACH Grant programs.

• For example, a first-time, first-year undergraduate student that has not completed the first 30 days of their program before withdrawing, will not receive any Direct Loan funds, even though the funds were scheduled to be received had the student remained enrolled past the 30th day.

• You have lost eligibility for federal student financial aid because you inadvertently received a Direct Loan or FFEL program loan that caused you to exceed the annual or aggregate loan limit (“overborrowing”), as shown below.

More Definitions of Direct Loan

Direct Loan means any loan made by New Brunswick under section 15(1) of the PSFAA, on or after August 1, 2000.

Direct Loan means a loan made under this program that is not part of a co-financing arrangement with another lender.

Direct Loan when used in the Part-Time-MSFAA-Canada, means any full-time or part-time direct loan made by Canada under the CSFAA on or after August 1, 2000.

Direct Loan means a loan made directly by a Series SPV or a Loan Originator to a borrower that is a Person.

Direct Loan means and refers to a loan made pursuant to the ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ 17 Federal Direct Loan Program, 20 U.S.C. § 1087a et seq.

Direct Loan means any student loan made under the William D. Ford Federal Direct Loan Program, authorized under Title IV of the Higher Education Act, as amended (20 U.S.C. § 1070, et seq.).

Direct Loan means a loan made under Part E of the federal Act (20 U.S.C. 1087aa, et seq.) after June 30, 1972, which does not satisfy the definition of "Perkins loan."