Unsubsidized Xxxxxxxx Loan definition

Unsubsidized Xxxxxxxx Loan means a Loan made pursuant to Section 428H of the Higher Education Act.
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Unsubsidized Xxxxxxxx Loan means a FFELP Loan designated as such that is made under ss. 428H of the Higher Education Act.
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Unsubsidized Xxxxxxxx Loan. This loan is based on need. The student is charged interest from the time the loan is disbursed. The student may elect to pay the interest while in school or the student may choose to capitalize the interest (Interest payments are added to the principal amount of the loan). Capitalizing interest will increase the amount the student is required to repay. Repayment begins six months after the student ceases to be enrolled at least half-time.
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Examples of Unsubsidized 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 Unsubsidized Xxxxxxxx Loan This is a fixed rate loan, administered by lenders, and is not based on need.

  • Such interest shall be paid or capitalized in the same manner as interest on a Federal Direct Unsubsidized Xxxxxxxx Loan is paid or capitalized under section 1078–8(e)(2) of this title.

  • The interest rate and repayment terms of this loan are the same as those of the Federal Unsubsidized Xxxxxxxx Loan.

  • The debt portion was accreting up to the original face value at maturity, with the accretion and interest paid expensed to profit or loss.

  • The applicant has stated that the location of the caravan allows for privacy for the occupant, as well as security of the facility.

  • 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 Unsubsidized Xxxxxxxx Loan

Unsubsidized Xxxxxxxx Loan means a Financed Student Loan designated as such that is made under Section 428H of the Higher Education Act. SCHEDULE A TO THE THIRD SUPPLEMENTAL SALE AND SERVICING AGREEMENT SCHEDULE OF FINANCED STUDENT LOANS Located in the custody of Bankers Trust Company as Trustee SCHEDULE B TO THE THIRD SUPPLEMENTAL SALE AND SERVICING AGREEMENT LOCATION OF FINANCED STUDENT LOAN FILES Documents relating to the Financed Student Loans in the custody of the Master Servicer (including original notes) are stored at Trans-World Insurance Company's offices located at 0000 X Xxxxxx, Xxxxx 000-X, Xxxxxxxxxx, Xxxxxxxxxx 00000. EXHIBIT A TO THE THIRD SUPPLEMENTAL SALE AND SERVICING AGREEMENT Form of Noteholders' Statement pursuant to Section 5.7(a) of Third Supplemental Sale and Servicing Agreement (capitalized terms used HEREIN ARE DEFINED IN APPENDIX A THERETO) Note Distribution Date:_____________________
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Unsubsidized Xxxxxxxx Loan means a Student Loan made pursuant to Section 428H of the Higher Education Act.
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Related to Unsubsidized Xxxxxxxx Loan

  • 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.

  • 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.

  • 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.

  • 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”.

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

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

  • Borrowing Minimum means (a) in the case of a Borrowing denominated in US Dollars, $5,000,000, (b) in the case of a Borrowing denominated in Canadian Dollars, Cdn.$5,000,000, (c) in the case of a Borrowing denominated in Sterling, £5,000,000 and (d) in the case of a Borrowing denominated in Euro, €5,000,000.

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

  • Floating Rate Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the Floating Rate.

  • 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.