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 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.

  • 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.

  • 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.

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

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

  • Buydown Loan A Mortgage Loan for which the Mortgage Interest Rate has been subsidized through a Buydown Fund provided at the time of origination of such Mortgage Loan.

  • Jumbo Loan means a Mortgage Loan (other than a Conforming Loan) that (1) is underwritten by an Approved Investor (other than Xxxxxx Xxx, Xxxxxxx Mac or Xxxxxx Mae), (2) matches all applicable requirements for purchase under the requirements of a Take-Out Commitment issued for the purchase of such Mortgage Loan, (3) differs from a Conforming Loan solely because the principal amount of such Mortgage Loan exceeds the limit set for Conforming Loans by Xxxxxx Xxx or Xxxxxxx Mac from time to time, and (4) is a First Lien Mortgage Loan.

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

  • Subsidy means the difference between the amount of periodic

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

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.

  • 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;

  • Applicable Monthly Payment For any Mortgage Loan (including an Outside Serviced Mortgage Loan) with respect to any month (including any such Mortgage Loan as to which the related Mortgaged Property has become an REO Property), the Monthly Payment; provided, however, that for purposes of calculating the amount of any P&I Advance required to be made by the Master Servicer or the Trustee, notwithstanding the amount of such Applicable Monthly Payment, interest shall be calculated at the Mortgage Rate less the Servicing Fee Rate and, if applicable, shall be exclusive of Excess Interest; and provided, further, that for purposes of determining the amount of any P&I Advance, the Monthly Payment shall be as reduced pursuant to any modification of a Mortgage Loan pursuant to Section 3.24 of this Agreement or pursuant to the applicable Outside Servicing Agreement, or pursuant to any bankruptcy, insolvency, or other similar proceeding involving the related Mortgagor.

  • LPMI Loan A Mortgage Loan with a LPMI Policy.

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.

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

  • Minimum Lifetime Mortgage Rate The minimum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • 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 Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “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.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Domestic Rate Loan means any Advance that bears interest based upon the Alternate Base Rate.

  • Xxxxxxx Xxxxxxx Policy means the written policy of the Company pertaining to the sale, transfer or other disposition of the Company’s equity securities by members of the Board, officers or other employees who may possess material, non-public information regarding the Company, as in effect at the time of a disposition of any Stock.

  • Discount Net Mortgage Rate As defined in the Series Supplement.