Education Lender definition

Education Lender means a lender who makes loans under the Federal Family Education Loan Program or private education loans that are not insured by the federal government or both. “FFELP” means the Federal Family Education Loan Program pursuant to Title IV of the Higher Education Act.
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Education Lender means a lender who makes loans under the private education loans that are not insured by the federal government.
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Education Lender means a lender who makes loans to our students for educational purposes.
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Examples of Education Lender in a sentence

  • If such benefits are not reinstated within twelve (12) months of denial by Guarantor or the Department of Education, Lender agrees to sign a Loan Sale Agreement to sell the Education Loan to another Eligible Lender (as defined in the Act) of Servicer's choice ("Buyer").

  • Ross may not accept any fees or payments of any kind, including, without limitation, marketing fees or referral fees, from an Education Lender, in return for placing the Education Lender on a preferred lender list, or referring private education or FFELP loan volume or loan applications to the Education Lender.

  • The University may not request or accept from any Education Lender any staffing assistance or call center assistance for the financial aid office, whether or not such Education Lender proposed to charge the University for such services.

  • IMPORTANT LEGAL REQUIREMENTS Important Definitions Private Education Lender Pursuant to § 5-20-202(6), C.R.S., private education lender means: any person engaged in the business of making or extending private education loans; a holder of a private education loan; a creditor.

  • The University will not accept any fees or other benefits from an Education Lender in return for placing the Education Lender on a lender list or preferring private education loan volume or loan applications to the Education Lender.

  • The College will not accept any fees or other benefits from an Education Lender in return for placing the Education Lender on an open lender list or providing Education Lender marketing materials to students.

  • EDMC and its institutions may not request or accept from any Education Lender any offer of assistance for call center staffing, financial aid office staffing, or on-site exit or entrance counseling from an Education Lender regardless of whether such Education Lender proposes to charge EDMC or its institutions for such services.

  • As of the Effective Date, all Student Loans originated under the Union Bank name and Union Bank's U.S. Department of Education Lender Identification Numbers for which first disbursements are made on and after the Effective Date will be immediately funded by Nelnet or its affiliates by virtue of Union Bank's sale of 100% participation interests therein pursuant to Nelnet's or its affiliates' then standard participation agreement.

  • CFPB Bulletin 2012-03, Service Providers, for more information regarding CFPB’s authority to examine a service provider to a Supervised Education Lender.

  • The University will not accept any fees or other benefits from an Education Lender in return for placing the Education Lender on an open lender list.


More Definitions of Education Lender

Education Lender means a lender who makes loans under the Federal Direct Loan program or private education loans that are not insured by the federal government.
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Related to Education Lender

  • Nonparticipating Financial Institution means a nonparticipating FFI, as that term is defined in relevant U.S. Treasury Regulations, but does not include a [FATCA Partner] Financial Institution or other Partner Jurisdiction Financial Institution other than a Financial Institution identified as a Nonparticipating Financial Institution pursuant to paragraph 2 of Article 5.

  • Participating Financial Institution means a Financial Institution that has been approved by the Authority to enroll Qualified Loans in the Program and has agreed to all terms and conditions set forth in the Law and this Article and as may be required by any applicable federal law providing matching funding.

  • L/C Lender a Lender with an L/C Commitment.

  • Postsecondary educational institution means a degree- or certificate-granting public or private college or university, junior college, or community college that is located in this state. The term includes the governing body of the postsecondary educational institution.

  • educational institutions means schools and suchlike institutions;

  • Participating Bank means any participating banks of the JETCO ATM network, (if applicable) PLUS ATM network and/or (if applicable) China UnionPay ATM network;

  • Educational institution means a University or any educational institution recognized by the State Government, a University or other competent authority;

  • Continuing education credit or “CE credit” means one continuing education credit as defined in [insert reference in State law or regulations governing producer continuing education course approval].

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Eligible educational institution means that term as defined in section 529 of the internal revenue code or a college, university, community college, or junior college described in section 4, 5, or 6 of article VIII of the state constitution of 1963 or established under section 7 of article VIII of the state constitution of 1963.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Identified Participating Lenders has the meaning set forth in Section 2.05(a)(v)(C)(3).

  • Designated Bank means any bank designated by Lender as a Designated Bank, but only for as long as Lender has an agreement under which Lender receives Depository Benefits from that bank.

  • Educational loan means a loan made by the authority to an institution.

  • Education program means any program that is principally engaged in the provision of education, including, but not limited to, early childhood education, elementary and secondary education, postsecondary education, special education, job training, career and technical education, and adult education, and any program that is administered by an educational agency or institution.

  • Initial Lender has the meaning specified in the recital of parties to this Agreement.

  • Health plan issuer means an entity subject to the insurance laws and rules of this state, or subject to the jurisdiction of the superintendent of insurance, that contracts, or offers to contract to provide, deliver, arrange for, pay for, or reimburse any of the costs of health care services under a health benefit plan, including a sickness and accident insurance company, a health insuring corporation, a fraternal benefit society, a self-funded multiple employer welfare arrangement, or a nonfederal, government health plan. “Health plan issuer” includes a third party administrator to the extent that the benefits that such an entity is contracted to administer under a health benefit plan are subject to the insurance laws and rules of this state or subject to the jurisdiction of the superintendent. The “Health plan issuer” is also called the Administrator in this Benefit Booklet.

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

  • Participating Banks means such investment banks that engage in any Debt Exchange with one or more members of the Parent Group.

  • Participating institution means an "institution" as defined in KRS 164.001 that actively participates in the federal Pell Grant program, executes a contract with the authority on terms the authority deems necessary or appropriate for the administration of its programs, and:

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Eligible postsecondary institution means an institution as defined in Iowa Code section 261C.3.

  • State educational institution means an institution enumerated in Article 12, Section 11 of the constitution of New Mexico;

  • Nonparticipating provider means a person, health care provider, practitioner, facility, or entity, acting within their scope of practice, that does not have a written contract to participate in a managed health care system's provider network, but provides health care services to enrollees of programs authorized under this chapter or other applicable law whose health care services are provided by the managed health care system.

  • Prepetition Lenders means the Persons identified as "Lenders" under the Prepetition Credit Agreement, in their capacities as lenders under the Prepetition Credit Agreement, together with their successors and permitted assigns.

  • Institutional Lender means one or more commercial or savings banks, savings and loan associations, trust companies, credit unions, industrial loan associations, insurance companies, pension funds, or business trusts including but not limited to real estate investment trusts, any other lender regularly engaged in financing the purchase, construction, or improvement of real estate, or any assignee of loans made by such a lender, or any combination of any of the foregoing entities.