Sentences with phrase «of loan recipients»

If one of the main reasons for the loan is to reduce or avoid tax, you must report any income earned on the property, regardless of the age of the loan recipient.
Other reasons for which student loan debt may be discharged includes improper certification made on the part of a school, the closing of a school within 90 days of a student graduating, and military service or full - time teaching on the part of a loan recipient.
But it also poses a challenge on the part of the loan recipient, and that is being able to meet the loan payment deadline on time.
There are no monthly payments with a reverse mortgage; instead, the lender pays the homeowner a sum based on the age of the loan recipient and the amount of equity in the home.

Not exact matches

Nearly 70 percent of bachelor's degree recipients finish their degree with debt, and at present, the total student loan debt accumulated in the U.S. is over $ 1.2 trillion.
Daniel Korson and Matthew Rogers, 27 and 30, respectively, are recipients of the Local Producer Loan.
One is the recipient of a Kiva loan who started a brick - making business.
He is evenhanded in acknowledging the positive and negative consequences of World Bank lending on its loan recipients.
1366 Technologies, «recipient» of an undisbursed $ 150 million manufacturing loan guarantee, has received an aggressively - worded letter from the U.S. Department of Energy as it seeks a Section 201 exemption.
On the issue of college affordability, Katko co-sponsored bills that allow individuals with some types of federal student loans to refinance more than once and widen qualifications for Pell Grant recipients.
It seems the Ulster County Industrial Development Agency is finally getting hard - nosed about underperforming recipients of county - sponsored tax breaks and low - interest loans.
Therefore, thin - film solar cells seemed bright with promise, so bright that the DoE made Solyndra's effort to build a new 28,000 - square - meter plant to manufacture the cylindrical modules the recipient of the first - ever loan guarantee for a renewable energy project — $ 535 million.
This year, a series of randomized control trials found that microcredit — the extension of small loans to the poor — brings little lasting benefit to loan recipients, a deflating finding that the international development community is «still trying to digest,» he says.
Of 48 awards made since 2000, one - third of recipients have requested loan - repayment assistance ranging from a few thousand dollars up to $ 80,000, according to Yung Lie, scientific director of the foundatioOf 48 awards made since 2000, one - third of recipients have requested loan - repayment assistance ranging from a few thousand dollars up to $ 80,000, according to Yung Lie, scientific director of the foundatioof recipients have requested loan - repayment assistance ranging from a few thousand dollars up to $ 80,000, according to Yung Lie, scientific director of the foundatioof the foundation.
Ruth L. Kirschstein National Research Service Award recipients, either individual postdoctoral fellows (F32) or institutional trainees (T32), are eligible for loan repayment during the 2nd year of NRSA support if the recipient files for and receives an extension of the NRSA service payback requirement.
[i] See Susan P. Choy and Xiaojie Li (2006), «Dealing With Debt: 1992 — 93 Bachelor's Degree Recipients 10 Years Later,» Postsecondary Education Descriptive Analysis Report NCES 2006 - 156, Washington, DC: U.S. Department of Education; Erin Dillon (2007), «Hidden Details: A Closer Look at Student Loan Default Rates,» Washington, DC: Education Sector.
In 2000, 41 percent of master's of education recipients had federal loans with an average balance of $ 26,650, including undergraduate and graduate school debt.
Among undergraduate education majors, some 67 percent borrowed federal student loans — 5 percentage points more than the overall population of bachelor's degree recipients (see Figure 2).
Given a limited amount of money for student aid, the Secretary said, lawmakers have two options: concentrate grant dollars on the poorest students, thus forcing middle - income students to borrow to attend college; or bring more middle - income students into the grant - recipient pool and risk discouraging low - income students from college because they fear taking out loans.
We also present qualitative evidence that loan - forgiveness recipients were of higher quality (as measured by value added) than nonrecipients who taught in the same subject but were not certified and thus ineligible.
The Education Corps is designed to provide tutoring and after - school support but not necessarily to train future teachers.92 The VISTA program matches corps members with a nonprofit organization to perform capacity building and provides yearlong stipends, but it is not intended for provision of direct services.93 The Professional Corps, which specifies teaching as one of its qualified positions, allows participants to access Segal AmeriCorps Education Awards — which recipients can use either for loan forgiveness or for paying tuition and other qualifying educational expenses — but increases residency program costs because residents are prohibited from receiving stipends through AmeriCorps and must therefore be paid through their program or the school district.94 None of these programs were designed for supported entry specifically; thus, programs dedicated to providing a gradual on - ramp to the teaching profession can sometimes find it hard to meet their definitions and requirements.
Offers future recipients of federal student loans access to alternate repayment methods that encourage these students to enter public service.
Most recently, the bankruptcy of battery - supplier A123 Systems in October — after steaming through $ 249 million in government loans — hasn't been a helpful image, especially since Fisker, itself the recipient of $ 529 million from the U.S. government and $ 21.5 million from Delaware, has long since had its government credit halted for failing to meet production targets.
Over the past six years, SEMA has awarded in excess of $ 750,000 dollars in loan forgiveness and scholarships to more than 400 recipients.
Many people think that since they are to be the recipients of the loan, the lender experience, reputation, and connections are of lesser importance.
Recipients must continue to live in Arkansas and work full - time for a minimum of three years, or else the grant will be converted to a loan which must be repaid.
Schools are targeting Federal Perkins Loan recipients, because these are campus - based loans and schools are responsible for the repayment of these funds.
According to the WallStreet Journal, a staggering 43 % of student loan recipients are behind in their federal loan repayments.
All grant recipients are encouraged to contribute to and support the Loan Repayment Assistance Program at the School of Law.
The program will provide recipients with a loan to help meet repayment of law school loans.
Jennifer is a recipient of the Class of 2017 Loan Repayment Assistance Program and sees her law degree as a tool for effecting positive change in her community in Nevada.
In contrast, from 2006 to 2011, the share of for - profit undergraduate enrollments was about 10 %, but accounted for 16 to 18 percent of total parent PLUS loan recipients.
Each recipient is eligible for a maximum of $ 5,000 in loan forgiveness annually and a total of up to $ 15,000 ($ 5,000 per year for three calendar years).
The State of Iowa has a loan assistance program called the Iowa Registered Nurse & Nurse Educator Loan Forgiveness Program, which provides an award of up to 20 percent of the recipient's student loan balaloan assistance program called the Iowa Registered Nurse & Nurse Educator Loan Forgiveness Program, which provides an award of up to 20 percent of the recipient's student loan balaLoan Forgiveness Program, which provides an award of up to 20 percent of the recipient's student loan balaloan balance.
If the recipient remains in public service for at least one year after receipt of the loan, it will be forgiven by the law school.
Recipients of funds risk suspension from the program if they make special arrangements with any lender to put their loan payments into deferment or forbearance, or to extend the repayment period during the year the recipient is receiving funds, without the consent of the program administrator.
Recipients of this benefit must also use the loan for their primary residence.
Recipients of the loan can purchase a home with no down payment, and no private mortgage insurance is required.
We calculated the proportion of student loan borrowers by weighting the reported proportion of student loan borrowers at each college by the number of bachelor degree recipients at each particular institution.
The majority of student loan recipients are young, and the debt they are taking on is, quite often, their first endeavor in the world of credit.
However, if you are the recipient of an unsubsidized Stafford loan (interest accrues while in school), you can take solace in knowing that your interest rate has remained constant at 6.8 %.
This letter will tell you, the loan recipient that you are delinquent in your loan repayments, and also tell you that the lenders have possession of the vehicle.
Whether you're the owner of a small business, a member of a corporation, or the recipient of a trust, you can apply for a hard money loan from Source Capital.
Although Debtors do not believe they are liable for these debts, Debtors have made a good faith effort to make payments on the loans because the recipients of the loans are their son and granddaughter.
Providing further details, Sallie Mae said that loan recipients can defer principal and interest payments in two ways: while they are still enrolled in school and during the grace period of either three years upon graduation or nine months upon dropping out.
The returns on peer to peer lending investments are paid out fairly frequently, as each loan you invest in on the site pays back into your account every time the recipient of the loan makes a payment.
If you fall into one of the many categories of potential recipients, it's likely you can qualify for this loan.
For example, a student loan may not survive the recipient of the loan; if someone dies before a student loan is repaid in full, the loan is automatically discharged.
As of March 31, 2016, about 350,000 [Direct Loan] recipients were deferring their payments due to unemployment or economic hardship, a 28.6 percent decrease from the prior year.
GAO also interviewed officials from three loan servicers that service about half of Education's loan recipients.
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