Sentences with phrase «repayment as an incentive»

The goal of these programs is to provide educational loan repayments as an incentive for health professionals to practice in communities where significant shortages of health care providers and barriers to access have been identified.

Not exact matches

And, even in the case of principal - and - interest loans, investors don't have the same incentives as owner - occupiers to get ahead of their scheduled repayments.
· Repayment linked with energy bills as the preferred incentive of those suggested and in the consultation.
In some cases, issues such as repayments to councils for school buildings created under private financial incentives (PFI) are holding up the changes.
Other things that changed with the BCA include disallowing the Department of Education from offering repayment incentives such as interest reductions or rebates to encourage on - time payments, though they are still allowed to offer rate reductions if you are a Direct Loan borrower who has opted to have your payments automatically withdrawn from your bank account.
The lenders are adopting a code of conduct that bans a variety of marketing practices, such as using logos or seals that look like federal emblems, providing incentives to induce students to borrow from the lender (e.g., gift cards, iPods, prizes and sweepstakes), providing false rebate checks, paying students referral fees to encourage friends to borrow, advertising interest rates and discounts that few borrowers will realize (including using such rates and loan terms in repayment examples and examples illustrating loan costs), misrepresenting the advantages of private loans over federal loans.
The Federal student loan repayment program permits agencies to repay Federally insured student loans as a recruitment or retention incentive for candidates or current employees of the agency.
One aspect of graduation is student loan repayment which serves as an incentive to getting on track faster than usual.
Forbearance may affect your eligibility for, or cause you to lose, borrower benefits or repayment incentives (such as cosigner release) that require on - time payments to obtain the benefit or retain it after qualifying.
Some cards will come with the opportunity to achieve rewards if you are able to keep up with your repayments as an added incentive.
Citi is using that extra 1 % cash back as an incentive for good repayment habits.
Government employees in select career fields also have an added incentive to enroll in income repayment plans, as their remaining loan balance is forgiven after 10 years instead of 20 years.
This doesn't usually apply until repayment, but it can save some money by offering incentives such as interest rate reductions or cash - back for doing certain actions.
In addition to the student loan forgiveness programs available to military members and veterans under other umbrellas (such as the Perkins loan cancellation or PSLF), many branches of the military offer loan repayment programs (LRPs) as enlistment incentives.
They offer Stafford and PLUS education loans through participating lenders and provide a 0.25 % interest rate reduction for automatic direct debit of monthly payments as a repayment incentive.
These repayment incentives, also referred to as borrower benefits, include interest rate reductions, full or partial origination fee rebates, and principal balance reductions.
Some offer student loan repayment «in lieu of sign - on bonuses, and others offer loan repayment funds as incentives
Many lenders offer interest rate reductions as an incentive to use certain repayment options.
As a result, lenders have no incentive to work with students toward a reasonable repayment plan.
The federal student loan repayment program permits federal agencies to repay federal student loans as a recruitment or retention incentive for candidates or current employees of that agency.
Citi is using that extra 1 % cash back as an incentive for good repayment habits.
The lender may provide a borrower incentive that reduces the amount of the mortgage loan being refinanced, provided that: - The amount of the incentive does not exceed $ 2,000; - No repayment is required, and; - The payment is reflected on the HUD - 1 Settlement Statement as a lender credit
TREB says change could produce many benefits for Realtors, such as a lower income tax rate, greater accumulation of wealth through long - term tax deferral, providing a vehicle for retirement savings, faster repayment of debts, cheaper funding of non-deductible expenses, providing an incentive to save, providing individual pension plans, tax deferral on bonus accruals and a capital gains exemption.
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