Qualified education loan definition

Qualified education loan means any loan primarily used to finance a postsecondary education and

Qualified education loan means a government, commercial, or foundation loan for actual costs paid for tuition, reasonable education expenses, and reasonable living expenses related to the graduate or undergraduate education of a qualified teacher.

Qualified education loan means a government, commercial, or foundation loan used by an individual for actual costs paid for tuition to a postsecondary institution located in Minnesota for a professional flight training degree.

Examples of Qualified education loan in a sentence

• My withdrawal will not be used to pay for the Beneficiary’s Qualified Higher Education Expenses, K-12 Tuition Expenses, Apprenticeship Program Expenses or Qualified Education Loan Repayments.

• Federal Qualified Withdrawals To be considered a Federal Qualified Withdrawal, the proceeds must be used for the Qualified Higher Education Expenses of your Beneficiary, K-12 Tuition Expenses, Apprenticeship Program Expenses and/or Qualified Education Loan Repayments.

• They have not been designed to assist you in reaching your K-12 Tuition Expense savings or Qualified Education Loan Repayment goals.

• Age-Based Portfolios May Not Be Optimized for K-12 Tuition Expenses and Qualified Education Loan Expenses The Investment Options we offer have been designed exclusively for you to save for postsecondary higher education expenses.

• Nebraska Non-Qualified Withdrawals Nebraska law does not treat the following Federal Qualified Higher Education Expenses as Nebraska Qualified Expenses: (1) K–12 Tuition Expenses; (2) Apprenticeship Program Expenses; and (3) Qualified Education Loan Payments.

More Definitions of Qualified education loan

Qualified education loan means any qualified education loan obtained specifically to finance education or other school-related expenses. "Qualified education loan" does not include credit card debt, home equity loan, or revolving debt.

Qualified education loan means a loan that meets the requirements of 26 U.S.C. 144(b)(1)(B);

Qualified education loan means any loan primarily used to finance a postsecondary education and costs of attendance at a postsecondary public or private educational institution, including tuition, fees, books and supplies, room and board, transportation, and miscellaneous personal expenses. "Qualified education loan" includes a loan made to refinance a qualified education loan. "Qualified education loan" does not include an extension of credit under an open-end credit plan, a reverse mortgage transaction, a residential mortgage transaction, or any other loan that is secured by real property or a dwelling.

Qualified education loan means a government, commercial, or foundation loan used by an individual for actual costs paid for tuition and reasonable educational and living expenses related to the postsecondary education of the qualified aircraft technician or qualified pilot.

Qualified education loan means any indebtedness

Qualified education loan means a qualified education loan as defined in Section 221(d) of the Code, which generally includes indebtedness incurred solely to pay qualified higher education expenses at an Institution of Higher Education and does not include indebtedness to certain related persons or by reason of a loan under any qualified employer plan. Target Portfolio means a diversified investment portfolio that can invest in equity, real estate, fixed income, and/or money market Underlying Investments. Contributions and earnings are invested in a set asset allocation of equity, real estate, fixed income, and/or money market Underlying Investments. Unlike the Age-Based Portfolios, the Target Portfolios’ asset allocations do not adjust as the Beneficiary gets older. See “Exhibit B – Investment Portfolios and Underlying Investments.” Treasurer means the Office of the Illinois State Treasurer. Trust means the Bright Directions College Savings Program Trust. UGMA means Uniform Gifts to Minors Act.

Qualified education loan means a loan as defined in Internal Revenue Code Section 221(d) of the Beneficiary or a Sibling of the Beneficiary. Sibling means an individual who bears a relationship to the Beneficiary which is described in Internal Revenue Code Section 152(d)(2)(B). Sibling includes a stepsibling and also includes a sibling by the halfblood. Target Portfolio means a diversified investment portfolio that can invest in equity, real estate, fixed income, bank deposit, and/or money market Underlying Investments. Contributions and earnings are invested in a set asset allocation of equity, real estate, fixed income, bank deposit, and/or money market Underlying Investments. Unlike the Age-Based Portfolios, the Target Portfolios’ asset allocations do not adjust as the Beneficiary gets older. See “Exhibit B – Investment Portfolios and Underlying Investments.” Treasurer means the Office of the Illinois State Treasurer. Trust means the Bright Directions College Savings Program Trust. UGMA means Uniform Gifts to Minors Act.