SLS Loans definition

SLS Loans means a Student Loan originated under the authority set forth in Section 428A (or a predecessor section thereto) of the Higher Education Act and shall include Student Loans designated as “SLS Loans,” as defined under the Higher Education Act.
Sample 1Sample 2
SLS Loans means supplemental loans for students authorized by the federal and state governments to help independent undergraduate, graduate, and professional students paythe costs of education beyond high school.
Sample 1
SLS Loans means supplemental loans for students authorized by the federal and stategovernments to help independent undergraduate, graduate and professional students pay the costs of education beyond high school.
Sample 1

Examples of SLS Loans in a sentence

  • Each Financed Student Loan that is a Financed Federal Loan qualifies the holder thereof to receive Interest Subsidy Payments (other than SLS Loans, unsubsidized Xxxxxxxx Loans and certain Consolidation Loans) and Special Allowance Payments from the Department and Guarantee Payments from the applicable Guarantor and qualifies the applicable Guarantor to receive reinsurance payments thereon from the Department.

  • Navient CFC purchases Stafford Loans, SLS Loans, PLUS Loans and/or consolidation loans originated by its affiliates or third parties under FFELP described in “Appendix A—Federal Family Education Loan Program” to this prospectus.

  • ELC originated Stafford Loans, SLS Loans and PLUS Loans under the FFELP described in “Appendix A—Federal Family Education Loan Program” to this prospectus.

  • In addition, ELC holds a portfolio of Stafford Loans, SLS Loans, PLUS Loans and consolidation loans which it was assigned or received as a part of a capital contribution from Navient.

  • Each Financed Student Loan is guaranteed by an eligible guarantor under the Higher Education Act and qualifies the holder thereof to receive Interest Subsidy Payments (other than SLS Loans, unsubsidized Xxxxxxxx Loans, and those Consolidation Loans for which the related loan application was submitted prior to January 1, 1993) and Special Allowance Payments from the Department and Guarantee Payments from the Guarantor and qualifies the Guarantor to receive reinsurance payments thereon from the Department.

  • These companies purchase Stafford Loans, SLS Loans and PLUS Loans originated under the FFELP, all of which are insured by guarantors and reinsured by the U.S. Department of Education.

  • Each Group I Student Loan that is a Financed Federal Loan qualifies the holder thereof to receive Interest Subsidy Payments (other than SLS Loans, unsubsidized Xxxxxxxx Loans and certain Consolidation Loans) and Special Allowance Payments from the Department and Guarantee Payments from the applicable Guarantor and qualifies the applicable Guarantor to receive reinsurance payments thereon from the Department.

  • Each KBUSA Financed Student Loan that is a KBUSA Financed Federal Loan qualifies the holder thereof to receive Interest Subsidy Payments (other than SLS Loans, unsubsidized Xxxxxxxx Loans and certain KBUSA Consolidation Loans) and Special Allowance Payments from the Department and Guarantee Payments from the applicable Guarantor and qualifies the applicable Guarantor to receive reinsurance payments thereon from the Department.

  • The Companies purchase Stafford Loans, SLS Loans and PLUS Loans originated under the FFELP, all of which are insured by guarantors and reinsured by the Department of Education.

  • These companies purchase Stafford Loans, SLS Loans and PLUS Loans originated under the FFELP, all of which are insured by guarantors and reinsured by the Department of Education.

Related to SLS Loans

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

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Bank Loans means debt obligations (including, without limitation, term loans, revolving loans, debtor-in-possession financings, the funded and unfunded portion of revolving credit lines and letter of credit facilities and other similar loans and investments including interim loans and senior subordinated loans) which are generally under a syndicated loan or credit facility.

  • Term Loans as defined in Section 2.1.

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.