Sentences with phrase «loan refund»

A "loan refund" means getting back money or having a portion of your loan returned to you. Full definition
Every student should make a budget beginning of each semester and spend the money received on student loan refund check for such college expenses as textbooks, or other basic needs for studies.
Your student loan refund check should have instructions on how to go about this process.
Don't: Spend all the student loan refund on a spring break trip.
Ultimately, accepting your student loan refund without thinking about the potential future financial implications will lead to debt piling up.
Another good way to utilize your student loan refund upon acceptance is to save it.
Anything that makes this balance lower — such as sending your student loan refund back — will also help you to accrue less interest.
If you left school early, but you still owe a lot in government loans, it is possible that you should have received a full or partial federal loan refund.
A student loan refund check is a bit different.
As mentioned in a previous article discussing student loan refunds, funding on your account comes from a combination of sources including financial aid, scholarships, student loans, and cash payments.
«The Applicant argues that allegations of corruption and mismanagement of N388.304 billion London Paris Club loan refunds by states have undermined the human dignity of workers and pensioners facing difficult circumstances that deprive them of their capacity to fully realize their internationally recognized economic and social rights.»
The suit filed on behalf of SERAP by its deputy director Timothy Adewale read in part: «The Applicant argues that allegations of corruption and mismanagement of N388.304 billion London Paris Club loan refunds by states have undermined the human dignity of workers and pensioners facing difficult circumstances that deprive them of their capacity to fully realize their internationally recognized economic and social rights.»
The source further said the State Commissioners of Justice and Finance; Mohammed Ibrahim and Idris Asiwaju, were also slated to testify before the House of Assembly how the state government utilized the bailout funds and the two tranches of the Paris - Club loan refunds received from the federal government.
Take the example of John Smith, a University of Oregon graduate, who is now 46 years old.2 His student loan refund afforded him a lifestyle of extravagance, but when he graduated in 1997, his student loan payments were $ 1,400 per month.
The Socio - Economic Rights and Accountability Project (SERAP) has asked the Federal High Court, Lagos for «an order for leave to apply for judicial relief and to seek an order of mandamus directing and / or compelling the government to publish details of spending of N388.304 billion London Paris Club Loan refunds allegedly diverted and mismanaged by 35 States.»
«The local government component of the Paris Club loan refund also came handy in effort at assisting the councils to meet their obligation.
Rather than spending student loan refund money if not needed, just send it back to the loan provider as a pre-payment.
Student Loan Refund season is when the semester gets started and students look forward to gaining any extra money left after financial aid and student loans cover their college expenses.
«Loan discharge» generally refers to the cancellation of a borrower's obligation to repay some or all of the remaining amount owed on a loan due to circumstances such as school closure, a school's false certification of a borrower's eligibility to receive a loan, a school's failure to pay a required loan refund, or the borrower's death, total and permanent disability, or bankruptcy.
Although LendKey is not a student loan refund program, refinancing can add up to substantial savings.
The money that is leftover from your student loans is then returned to you in the form of a student loan refund check.
His student loan refund afforded him a lifestyle of extravagance, but when he graduated in 1997, his student loan payments were $ 1,400 per month.
This was double his rent, and to top it off, he was unemployed.3 Ultimately, accepting your student loan refund without thinking about the potential future financial implications will lead to debt piling up.
State governors have said they were ready for the probe being conducted by the Economic and Financial Crimes Commission on how they spent the N522bn Paris Club loan refund.
Returning your student loan refund check to the Department of Education means that you are lowering your overall loan debt.
But the Economic and Financial Crimes Commission officials in Lagos claimed as follows: that «they have found a hotel being constructed by Governor Yari of Zamfara state with three million dollars he stole from London - Paris Club loan refund to Nigerian states.
Ahmed Idris, to compile and pass on to the Attorney - General of the Federation and Minister of Justice, Abubabar Malami, SAN, information relating to the release and spending of N388.304 billion London Paris Club Loan refunds to the states.»
Also, the EFCC revealed that the Zamfara state governor built a hotel with $ 3m he stole from London - Paris Club loan refund.
«Since the receipt of SERAP's letter dated 17th March, 2017, and up till the filing of this suit, the government has so far failed, refused and / or neglected to pass on to the Attorney - General of the Federation and Minister of Justice, information relating to the release and spending of N388.304 billion London Paris Club Loan refunds to 35 States by the Federal Government for appropriate legal action against the states.»
«The allegations of corruption in the spending of the London Paris Club loan refunds have also exacerbated poverty, social exclusion, and violated the government's obligation to use its maximum available resources to fully realize the right of all persons especially workers and pensioners who are the most vulnerable sectors of the population.»
Justice Muslim Hassan ruled that SERAP could proceed with the legal challenge to unravel how exactly 35 states spent Paris Club loan refunds.
The EFCC had sometimes in January discovered that the loan refunds were illegally routed through the account of the Nigeria Governors Forum by the Central Bank of Nigeria.
The governors had sought for the loan refunds to states and local governments in a meeting with President Muhammadu Buhari, after which he approved the release of N522.74 billion (first tranche) to states as refunds pending the reconciliation of records.
«Unless the reliefs sought are granted, the Respondent will not immediately compile and pass on information to the Attorney General of the Federation regarding the release and spending of the London Paris Club Loan refunds to enable him take steps to pursue appropriate legal action against states that allegedly diverted and mismanaged the loan refunds.»
A statement by the EFCC, signed by Wilson Uwujaren, said, «The attention of the Economic and Financial Crimes Commission, EFCC has been drawn to a report captioned, Nigerian State Governors, Senate President Saraki pocketed billions of naira from Paris Loan refund, which appeared in the online news portal, Sahara Reporters on Sunday February 12, 2017.»
Student loan refunds can be used for typical student expenses, like supplies, lab equipment and technology.
You may be able to swing a profit by investing your student loan refunds.
Obviously, a student loan refund can provide a student with a significant amount of spending money.
When the time comes to repay their debt, students may wish they hadn't accepted their loan refund check or had at least been a little wiser in terms of how they spent it.
When the time comes to repay their debt, students may wish they hadn't accepted their loan refund check or had at
In the long term, choosing to return your student loan refund is extremely beneficial as it reduces the amount of your loan that accrues interest, leaving you with a smaller debt to pay back later on.
A student loan refund is the portion of the loan remaining after total costs (tuition, fees, etc.) have been deducted.
In fact, according to Forbes, «The universal regret most college graduates with federal student loan debt have is how they spent their student loan refund checks.»
After weighing the positives and negatives, it may seem as though the most sound decision would be to return your student loan refund.
A student loan refund is the portion of the loan remaining after total costs (tuition, fees, etc.) have been deducted.1 The remaining balance is then refunded to the student in the form of a check, usually at the start of a semester.
So what can you do if you don't want to risk the potential negative effects that might result from accepting your student loan refund?

Phrases with «loan refund»

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