Subsidized Xxxxxxxx Loan definition

Subsidized Xxxxxxxx Loan means a Loan for which the interest rate is governed by Section 427A(a) or 427A(d) of the Higher Education Act.
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Subsidized Xxxxxxxx Loan means a Loan described in Section 428(a) of the Higher Education Act.
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Subsidized Xxxxxxxx Loan. A Xxxxxxxx loan that qualifies for interest benefits under § 682.301(b) and special allowance under § 682.302. Substantial gainful activity. A level of work performed for pay or profit that involves doing significant physical or mental activities, or a combination of both. Temporarily totally disabled. The con- dition of an individual who, though not totally and permanently disabled, is unable to work and earn money or at- tend school, during a period of at least 60 days needed to recover from injury or illness. With regard to a disabled de- pendent of a borrower, this term means a spouse or other dependent who, dur- ing a period of injury or illness, re- quires continuous nursing or similar services for a period of at least 90 days. Third-party servicer. Any State or pri- vate, profit or nonprofit organization or any individual that enters into a contract with a lender or guaranty agency to administer, through either manual or automated processing, any aspect of the lender’s or guaranty agency’s FFEL programs required by any statutory provision of or applica- ble to Title IV of the HEA, any regu- latory provision prescribed under that statutory authority, or any applicable special arrangement, agreement, or limitation entered into under the au- thority of statutes applicable to Title IV of the HEA that governs the FFEL programs, including, any applicable function described in the definition of third-party servicer in 34 CFR part 668; originating, guaranteeing, monitoring, processing, servicing, or collecting loans; claims submission; or billing for interest benefits and special allowance. Totally and permanently disabled. The condition of an individual who—
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Examples of Subsidized Xxxxxxxx Loan in a sentence

  • The federal formula requires a return of any unearned Title IV aid if the student received federal financial assistance in the form of a Pell Grant, Federal Subsidized Xxxxxxxx Loan, Federal Unsubsidized Xxxxxxxx Loan, or Federal PLUS loan and withdrew on or before completing 60% (528 hrs) of the total clock hours.

  • Federal Subsidized Xxxxxxxx Loan This is a fixed rate, subsidized loan, administered by lenders.

  • Federal student aid funds are returned in the following order: 1) Unsubsidized Xxxxxxxx Loan; 2) Subsidized Xxxxxxxx Loan; 3) PLUS Loan; 4) Federal Pell Grant; 5) Federal Supplemental Educational Opportunity Grant (FSEOG); 6) Other federal student aid programs.

  • If the student received more than the amount of Federal student financial assistance earned, the difference will be returned to the Federal student financial assistance programs from which funds were received in the following order: Unsubsidized Xxxxxxxx Loan, Unsubsidized Direct Loan, Subsidized Xxxxxxxx Loan, Subsidized Direct Loan, Xxxxxxx Loan, PLUS Loan, Pell Grant, ACG, SMART, SEOG.


More Definitions of Subsidized Xxxxxxxx Loan

Subsidized Xxxxxxxx Loan means a student loan described in Section 428(a) of the Higher Education Act. “Summary Loan Put Schedule” means the schedule (in a form approved by the Department and provided to each Servicer by the Conduit Administrator) listing Financed Student Loans selected for sale by the Funding Note Issuer in accordance with Section 1.03(c) or subject to sale as a result of the exercise of remedies by the Conduit Lender in accordance with Section 6.03, which schedule shall be prepared using the most current loan information available to the Servicers of the Financed Student Loans included in such Summary Loan Put Schedule and shall include (i) the loan number, (ii) the estimated Principal Balance and accrued interest (to the extent not included in the Principal Balance) of such Financed Student Loans [,] [and] (iii) [the applicable Seller and (iv)] any other information the Department may reasonably require including but not limited to certain identification numbers and dates relating to the Financed Student Loans listed in such Summary Loan Put Schedule.
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Related to Subsidized Xxxxxxxx Loan

  • Unsubsidized Xxxxxxxx Loan means a Loan made pursuant to Section 428H of the Higher Education Act.

  • Xxxxxxxx Loan means a Subsidized Xxxxxxxx Loan or an Unsubsidized Xxxxxxxx Loan.

  • Jumbo Loan means a Mortgage Loan which substantially conforms to the Guidelines except (i) the principal amount thereof may exceed the principal amount of loans which conform to the Guidelines or (ii) for other specified exceptions to the Guidelines that are consistent with the customary practices of the applicable GMAC Originator.

  • All-terrain type I vehicle means the same as that term is defined in Section 41-22-2.

  • Subsidy means any financial contribution granted by the authorities or a regional organisation or another public organisation, i.e. when:

  • Simplified and/or aggregate billing arrangement means a billing arrangement providing additional medical gap benefits.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • LOCKHEED XXXXXX means LOCKHEED XXXXXX CORPORATION, acting through its companies or business units as identified on the face of this Contract. If a subsidiary or affiliate of LOCKHEED XXXXXX CORPORATION is identified on the face of this Contract, then "LOCKHEED XXXXXX" means that subsidiary or affiliate.

  • the Macfarlane (Special Payments) (No. 2) Trust means the trust of that name, established on 3rd May 1991 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia and other beneficiaries;

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • Daily Simple SOFR Loan means a Loan that bears interest at a rate based on Daily Simple SOFR.

  • SOFR Loan means a Loan that bears interest at a rate based on Term SOFR, other than pursuant to clause (c) of the definition of “Alternate Base Rate”.

  • Three-Month Secondary CD Rate means, for any day, the secondary market rate for three-month certificates of deposit reported as being in effect on such day (or, if such day is not a Business Day, the next preceding Business Day) by the Board through the public information telephone line of the Federal Reserve Bank of New York (which rate will, under the current practices of the Board, be published in Federal Reserve Statistical Release H.15(519) during the week following such day) or, if such rate is not so reported on such day or such next preceding Business Day, the average of the secondary market quotations for three-month certificates of deposit of major money center banks in New York City received at approximately 10:00 a.m., New York City time, on such day (or, if such day is not a Business Day, on the next preceding Business Day) by the Administrative Agent from three negotiable certificate of deposit dealers of recognized standing selected by it.