Loan repayment programs refer to initiatives or arrangements that are put in place to help individuals pay back the money they borrowed from a lender. These programs aim to offer financial assistance or incentives to borrowers, making it easier for them to repay the loan within a given timeframe or under specific conditions.
Full definition
Synonyms for individual words can be found below.
«loan»
«repayment»
«program»
«programming»
«programmed»
Sentences with «loan repayment programs»
- Like other federal student loan repayment programs eligible for forgiveness, any amount dissolved is taxable as income to the borrower. (studentloans.net)
- There are also many state loan repayment programs for nurses. (magnifymoney.com)
- This means that for every dollar amount offered by the state loan repayment program, a sponsor of the applicant must match an equal amount. (onlinecounselingprograms.com)
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