Sentences with phrase «qualified educational loans»

The VMLRP will pay up to $ 25,000 per year for three years towards qualified educational loans for eligible veterinarians who agree to serve in a designated shortage area.

EDNY), servicers illegally continued collecting private student loans that were fully discharged in debtor bankruptcies because they were not qualified educational loans.

Iowa graduates in agricultural and life sciences who teach are eligible to have up to $ 9,000 in qualified educational loans forgiven.

Debtor does not believe that her loan meets the definitional requirements for exemption because she does not believe the loan was made for «qualified higher education expenses», that CTI was an «eligible educational institution,» and does not believe that she was an «eligible student» as those terms are defined by 26 USC 221 (d) which is referred in § 523 (a)(8)(B) for the discharge of «qualified educational loans.

Plaintiff alleges that any private loans held by Defendant which are not «qualified educational loans» are dischargeable in this case without the need to show undue hardship.

This program will pay up to $ 25,000 each year towards qualified educational loans of eligible veterinarians who agree to serve in a NIFA - designated veterinarian shortage situation for a period of three years.

These programs aim to promote the recruitment and retention of health care professionals by repaying their qualifying educational loans in exchange for their two - year commitment to provide primary care services in federally designated

Plaintiff has further reason to believe that the private loans held by Defendant were not «school certified loans» and as such did not satisfy the requirements of a «qualified educational loan» as defined by 11 U.S.C. § 523 (a)(8)(B).

For a loan to fall with this section, (1) it must have been made under a government or nonprofit student loan program, or (2) it must be a qualified educational loan under section 221 (d)(1) of the Internal Revenue Code, for attending an eligible education institution as defined in section 221 (d)(2) of the Internal Revenue Code, and incurred for costs of attendance as defined in section 472 of the Higher Education Act.

Not exact matches

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.

The interest paid on the student loan is deductible if you meet income qualifications and the money is spent on qualified educational expenses.

So technically, they are still providing private educational loans but the chances of a borrower actually being qualified for the loan is very slim.

Debt qualifying for loan repayment awards consist of all educational debt financed through the Law School Office of Student Financial Services (Stafford, LAL, LSL, etc.).

Finally, the interest you are claiming must be from a loan that qualified educational expenses were paid for during what is deemed a reasonable period of time either before or after the loan was distributed.

§ Must have applied to all available legal educational loan repayment programs offered by the applicant's law school for which the applicant qualifies.

They claim to help immigrants to find educational loans but they actually are hurting the immigrants by denying to offer loans to qualified applicants.

In particular the issue that makes these private student loans so easily dischargeable in bankruptcy is the fact the school was not a «eligible educational institution» or that the loans were for a «qualified higher education expense.»

any other educational loan that is a qualified education loan, as defined in section 221 (d)(1) of the Internal Revenue Code of 1986, incurred by a debtor who is an individual...»

Qualified expenses for the Student Loan Interest Deduction are the total costs of attending an eligible educational institution (including graduate school).

Your job loss might also give you an opportunity to qualify for government grant or loan programs to help with educational opportunities to better position you in the workforce.

Your obvious argument would be if part of your private student loans was used for expenses other than qualified educational expenses.

At the very least it certainly sounds like you have a real issue surrounding that part of your private student loans that exceeded the limits of a «qualified educational expense» and the amounts above that may not be protected in bankruptcy from discharge.

I did lookup information on the Radio1 Broadcast School and from first glance it looks like any private student loans you have for that school should be easily discharged in bankruptcy specifically because the school does not appear to be or have been a qualified educational institution.

Four categories of student debt - a federal loan, a loan that's part or fully from a nonprofit institution like a school, a private loan used for qualified education purposes (namely, the cost of attendance to an eligible institution), or a loan for an «educational benefit» — can not be discharged without proof of «undue hardship.»

Student loans are designed to cover qualified educational expenses, but that doesn't necessarily mean that borrowers always use them this way.

It would be worth discussing your private student loan situation with a bankruptcy attorney who is aware of the issues surrounding the ability to discharge private student loans that exceed the limits of «qualified educational expenses.»

There is a bankruptcy discharge exception for some qualified student loans and educational benefit repayment obligations.

Instead, section 523 (a)(8) makes certain educational debts presumptively non-dischargeable, including government issued educational loans, defaulted conditional government grants and scholarships, certain loans from non-profit institutions, and private education loans that are qualified education loans under the tax code.

Currently, student loan repayment isn't considered a qualified educational expense.

They include scholarships, fellowships, grants and tuition reductions; tax credits; student loan interest deduction; student loan cancelations and repayment assistance; tuition and fees deduction; Coverdell Education Savings Account; qualified tuition program; and the educational exception to early IRA distributions.