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.
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.
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

Examples of Opportunity Loans in a sentence

  • Neither the Borrower nor the Company operates or does business under any assumed, trade or fictitious name other than, in the case of the Company, Opportunity Loans and Opp Loans.

  • 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.

  • 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.

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

  • 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 SectionII.D. above.

  • 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.

  • Neither the Borrower nor the Companyany Guarantor operates or does business under any assumed, trade or fictitious name other than, in the case of the Company, opploans, OppFi, SalaryTap, OppFi Card, Opportunity Loans and Opp Loans.

  • Neither theany Borrower nor any Guarantor operates or does business under any assumed, trade or fictitious name other than, in the case of the Company, opploans, OppFi, SalaryTap, OppFi Card, Opportunity Loans and Opp Loans.

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


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

Related to Opportunity Loans

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

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