Opportunity Loans definition

Opportunity Loans means loans to international students or other students who, because they have poor or no credit history, do not have access to student loans on reasonable terms.
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Opportunity Loans means Student Loans that a Lending Institution agrees to make up to a specified aggregate amount to students with poor or no credit history, who the Lending Institution claims would otherwise not be eligible for the lender’s alternative loan program, which are made in exchange for certain minimum loan volume or other benefit that a College agrees to provide to the Lending Institution.
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Opportunity Loans means Student Loans that a Lending Institution agrees to make up to a specified aggregate amount to Drew University students with poor or no credit history, who the Lending Institution claims would otherwise not be eligible for the
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Examples of Opportunity Loans in a sentence

  • The University shall not request, accept, solicit or consider a Lending Institution’s offer to provide any Opportunity Loans in exchange for the University providing concessions, benefits or promises to the Lender.

  • Also, in 1964, P.L. 88-452, the Economic Opportunity Act of 1964 (Title IV- Employment and Investment Incentives), authorized the director of the Office of Economic Opportunity, through the SBA, to provide what were subsequently called Economic Opportunity Loans (EOL).

  • The University may enter into arrangements with Lenders to provide Opportunity Loans to students whose credit rating would otherwise preclude them from obtaining loans with reasonable rates and terms.

  • The University may enter into such arrangements with a Preferred Lender after the University has selected Preferred Lenders in accordance with the provisions of Section II.D above, or it may use a separate process for selecting Lenders to provide Opportunity Loans, so long as that process also complies with the provisions of Section II.D. above.

  • A 2007 investigation by the U.S. Senate Committee on Health, Education, Labor & Pensions into preferred lending relationships, including Defendants’ subprime loan programs, cited in its “Second Report on Marketing in the Federal Family Education Loan Program”: [Defendants’] calculations…show for Opportunity Loans offered to a particular college an expected default rate of 70%, an expected yield of negative 9%, and an estimated return on equity of negative 3%.

  • Bridge loans, Acquisition & Opportunity Loans and Section 108 loans are not included in computing the percentage.

  • Pemba Constituency The Controlling Officer submitted that the missing hammer mill had been found.

  • Some had no choice but to sell their houses at a time of falling house prices.Similar reflections were provided by Knowles regarding Victoria’s Home Opportunity Loans Scheme, pointing to the need for both continued growth in property values and in the individual borrower’s financial position for the scheme to operate as intended (Knowles, 1992).

  • The University shall not arrange with a Lending Institution to provide any Opportunity Loans as defined above in section I(A)(vi) if the provision of such Opportunity Loans prejudices any other borrower.

  • Keystart Housing Scheme Trust 2005thus avoiding the problem of households‘ lack of understanding of the implications of alternative mortgage instruments30.In Victoria, in 1984 the Victorian Government introduced the Home Opportunity Loans Scheme (HOLS) in a bid to enable low income Victorians and recipients of existing government benefits to own their own homes.The government selected participants from the pool of existing tenants to the Ministry of Housing.


More Definitions of Opportunity Loans

Opportunity Loans means Student Loans that a Lending Institution agrees to make up to a specified aggregate amount to KEAN University students with poor or no
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