Unsubsidized Loan definition

Unsubsidized Loan means a Student Loan authorized under Section 428H of the Higher Education Act.

Unsubsidized Loan. The student is responsible for paying the interest accrued while the student is in school, during the 6-month grace period, and during authorized periods of deferment. BASIC ELIGIBILITY: The following employees are covered: ?? Permanent employees. ?? Employees serving a term appointment with at least 3 years left on their appointment, including Service Fellows.

Unsubsidized Loan means Stafxxxx Xxxns that are not subsidized by the DOE as set forth in Section 428H of the Higher Education Act (20 U.S.C. Section 1078-8). A-30 106 Other Terms. All accounting terms not specifically defined herein shall be construed in accordance with generally accepted accounting principles. All terms used in Article 9 of the UCC in the State of New York, and not specifically defined herein, are used herein as defined in such Article 9.

Examples of Unsubsidized Loan in a sentence

• You are responsible for paying the interest on a Direct Unsubsidized Loan during all periods.

• If you are a dependent student and your parent is denied the PLUS loan because of an adverse credit history, the student may apply for an additional Direct Unsubsidized Loan.

• Interest does accrue during a deferment on a Direct Unsubsidized Loan, a Direct PLUS Loan, a Direct Unsubsidized Consolidation Loan, an unsubsidized Federal Stafford Loan, a Federal PLUS Loan, or a Federal SLS Loan.

• LOAN PROGRAMSWake Forest University offers two federal loan programs for graduate students: the Federal Direct Unsubsidized Loan and the GradPLUS Loan.The Federal Direct Unsubsidized Loan: The total Federal Direct Loan eligibility has been set at$20,500 per year.

• For a graduate or professional student PLUS Loan borrower who has not received a prior FFEL Stafford, or Direct Subsidized or Direct Unsubsidized Loan, provide the information specified in paragraph (a)(6)(i) through paragraph (a)(6)(xii) of this section.

• The Federal Direct Stafford Unsubsidized Loan is a non-need-based loan.

• In the case of an undergraduate student who seeks a Direct Subsidized Loan or a Direct Unsubsidized Loan at a school that participates in the Fed- eral Pell Grant Program, the student has received a determination of Fed- eral Pell Grant eligibility for the pe- riod of enrollment for which the loan is sought.

• If the Dependency Status is “I” and the Additional Unsubsidized Indicator isfalse OR the Dependency Status is “D” and the Additional Unsubsidized Indicator is true, the COD System determines whether the loan amount on the incoming record will cause the student to exceed the highest Additional Unsubsidized Loan Limit (base plus additional unsubsidized amounts) for the loans included in the calculations.

• Only the outstanding portion of a Federal Consolidation Loan that was used to repay an eligible subsidized or unsubsidized Federal Stafford Loan, an eligible Direct Subsidized Loan, or an eligible Direct Unsubsidized Loan qualifies for loan forgiveness.

• The forgiveness amount is deducted from the aggregate amount of the borrower’s Direct Subsidized Loan or Direct Unsubsidized Loan or Direct Consolidation Loan obligation that is outstanding after the borrower completes his or her fifth consecutive complete academic year of teaching as described in paragraph (c) of this section.

More Definitions of Unsubsidized Loan

Unsubsidized Loan means Stafford Loans that are not subsidized by the DOE as set forth in Sexxxxx 008H of the Higher Education Act (20 U.S.C. Sections 1078-8); provided, however, that the definition of "Unsubsidized Loan" may be changed by the Issuer at any time upon satisfaction of the Rating Agency Confirmation Condition.

Unsubsidized Loan means a Student Loan authorized under Section 428H of the Act.

Unsubsidized Loan means Stafxxxx Xxxns that are not subsidized by the DOE as set forth in Section 428H of the Higher Education Act (20 U.S.C. Section 1078-8).