Forgivable Principal means the portion of a loan that is not required to be paid back by the borrower.
Forgivable Principal means the portion of a loan made by the department that is not required to be paid back by the borrower if al- lowable by the act or Congress through federal appropriation.
Forgivable Principal means the portion of a loan made by the department that is not required to be paid back by the borrower if allowable by Congress through federal appropriation.
Examples of Forgivable Principal in a sentence
RECIPIENTS funded with State Revolving Fund Loan or Forgivable Principal shall include the following verification statement in the “General Comments” text box of each progress report.