Private educational loan means a private loan provided by a lender that is not made, insured, or guaranteed under Tit. IV of the federal Higher Education Act of 1965, as amended, and is issued by a lender solely for postsecondary educational expenses to a borrower, regardless of whether the loan involves enrollment certification by the educational institution that the student for which the loan is made attends. “Private educational loan” does not include a private educational loan secured by a dwelling or under an open-end credit plan. For purposes of this subsection, “dwelling” and “open-end credit plan” have the meanings given such terms in section 103 of the federal Truth in Lending Act, 15 U.S.C. §1602.
Private educational loan means a private loan pro-
Private educational loan means any student loan provided by a lender that is not made, insured or guaranteed under Title IV and is issued expressly for postsecondary educational expenses.
Examples of Private educational loan in a sentence
Private educational loan disclosure requirements for covered in- stitutions.
Private educational loan eligibility may be displayed on the Official Financial Aid Offer, but the student must initiate an application to the selected lender.
More Definitions of Private educational loan
Private educational loan means any loan provided by a lender that is not made, insured, or guaranteed under Title IV and is issued expressly for postsecondary educational expenses.
Private educational loan means a private loan provided by a lender that—
Private educational loan means an extension of credit from a source other than a government agency to students for the purpose of meeting the costs of education.
Private educational loan means a private loan
Private educational loan means a private loan provided by a lender that is not made, insured, or guaranteed under Title IV of the federal Higher Education Act of 1965, as amended, and is issued by a lender solely for postsecondary educational expenses to a borrower, regard-
Private educational loan means a private loan provided by a lender that is not made, insured, or guaranteed under Tit. IV of the federal Higher Education Act of 1965, as amended, and is issued by a lender solely for postsecondary educational expenses to a borrower, regardless of whether the loan involves enrollment certification by the educational institution that the student for which the loan is made attends. “Private educational loan” does not include a private educational loan secured by a dwelling or under an open-end credit plan. For purposes of this subsection, “dwelling” and “open-end credit plan” have the meanings given such terms in section 103 of the federal Truth in Lending Act, 15 U.S.C. § 1602.
Private educational loan means a private loan provided by a lender that is not