Direct Loans definition

Direct Loans means loans made by the Project Implementing Entity directly to Final
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Direct Loans as defined in the Funding Agreement.
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Direct Loans means loans made pursuant to the Xxxxxxx X. Xxxx Federal Direct Loan Program, codified under 20 U.S.C. § 1087a-j.
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Examples of Direct Loans in a sentence

  • For example, check "yes" if you are requesting deferment on your Direct Loans because you are on the deferment on your FFEL Program loans.Yes - Attach documentation of the deferment.

  • For example, check "yes" if you want this deferment on your Direct Loans and you are on this deferment on your FFEL Program loans.Yes - Attach documentation of the deferment.

  • Our Direct Loan Servicing Center services, answers questions about, and processes payments on Direct Loans.

  • Participation of a school in the Direct Loan Program means that eligible students at the school may receive Direct Loans.

  • Identifying Your Loan ServicerYou can identify the servicer for your new Direct Loan (and any subsequent Direct Loans) by going to the National Student Loan Data System (NSLDS) website at www.nslds.ed.gov/nslds_SA/, and logging in with your FSA ID.

  • We contract with servicers to process Direct Loan payments, deferment and forbearance requests, and other transactions, and to answer questions about Direct Loans.

  • For Units restricted in connection with Direct Loans, the restricted Units will generally be designated "floating" unless specifically disallowed under the program specific rules.

  • The date of determination is 14 days after they cease attendance .In both cases the last day of attendance will be used in the return to Title IV calculation .The federal formula requires a Return of Title IV calculation if the student received or could have received (based on eligibility criteria) federal financial assistance in the form of Pell Grants, and Direct Loans or Direct PLUS Loans during the payment period .

  • If there is an additional credit balance made up of non-Title IV funds, it will be refunded in the following order, up to the amount received for the term of withdrawal: Federal Unsubsidized Direct Loans, Federal Subsidized Direct Loans, Federal Xxxxxxx Loans, Federal PLUS Loans, Alternative Loans, other loans, other aid (if required), and student.

  • If there is additional money to be refunded from federal funds after calculating the Return of Title IV formula and the refund policy, the refund will be made to the student or, with the student’s authorization, to the federal loan program(s) in the following order, up to the amount received for the term of withdrawal: Federal Unsubsidized Direct Loans, Federal Subsidized Direct Loans, Federal Xxxxxxx Loans, Federal PLUS Loans and Alternative Loans.


More Definitions of Direct Loans

Direct Loans means loans made by the Project Implementing Entity directly to Final Beneficiaries through Window 3 or Window 4 under Part 1 of the Project.
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Direct Loans means loans made pursuant to the Direct Loan program introduced in 1994 in which the federal government issues loans directly to the borrower.
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Direct Loans has the meaning given to that term in Section 2.01.
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Direct Loans means loans as defined by ACA 15-103 (13) and including bond anticipation loans.
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Related to Direct Loans

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

  • Subject Loans has the meaning assigned to such term in Section 2.11(b)(ii).

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • U.S. Loans means, individually and collectively as the context may require, the U.S. Revolving Loans, the Swingline Loans and the U.S. Protective Advances.

  • Related Loans has the meaning set forth in Section 3.1. “Restructuring Loss” means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Direct Loan Participation means a Loan in respect of which, pursuant to a participation agreement, the Issuer is capable of creating, or procuring the creation of, a contractual right in favour of a notional protection seller that provides such notional seller with recourse to the participation seller for a specified share in any payments due under the relevant Loan which are received by such participation seller, any such agreement to be entered into between (i) such notional seller and (ii) either (A) the Issuer (to the extent the Issuer was then a lender or a member of the relevant lending syndicate), or (B) a Qualifying Participation Seller (if any) (to the extent such Qualifying Participation Seller is then a lender or a member of the relevant lending syndicate);

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Revolving Loans as defined in Section 2.4(a).

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • Existing Loans has the meaning specified in Section 2.19(a).

  • Other Loans means one or more Classes of Loans that result from a Refinancing Amendment or a Loan Modification Agreement.

  • Cash Advances These are from cash advances and cash equivalent transactions you make with your account. “Special Offers” These are from your use of the account to take advantage of special, introductory, or promotional offers we make available to you at times. Each such transaction may be kept track of separately on your statement and may be treated as its own Balance Category. “Eligible Purchases” These are from purchases of goods and services you make with your account (a) at certain merchants or of specified types listed in the Schedule; and (b) in which a single or multiple items are purchased in the same transaction totaling certain amounts as listed in the Schedule. Each Eligible Purchase may be kept track of separately on your statement and may be treated as its own Balance Category. Eligible Purchase(s) may also be referenced and abbreviated as “Elig Purch” in some locations in the Schedule.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Syndicated Loans means Base Rate Loans or Euro-Dollar Loans made pursuant to the terms and conditions set forth in Section 2.01.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Project Loan Account means any of the Accounts within the Project Fund so designated and established by Article V.