Examples of 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.
The Servicer shall maintain the fidelity bond and errors and omissions insurance policy as provided for in Section 3.12 insuring the Servicer against any loss it may sustain with respect to any Xxxx-xxxx Loan not satisfied in accordance with the procedures set forth herein.
If I fail to meet all the conditions of the award or if the conditions are not documented as required, I understand that the award will permanently convert to an unsubsidized Federal Xxxxxxxx Loan and I will be responsible to repay this loan with interest calculated from the disbursement date of the grant.
Each Financed Student Loan that is a PLUS Loan, a SLS Loan or an Unsubsidized Xxxxxxxx Loan qualifies the holder thereof to receive Special Allowance Payments from the Department to the extent applicable.
The Xxxxxxxx Loan Documents are in full force and effect and have not been modified or amended in any way except as noted on Schedule 3.2(f).