This has significantly increased the number of students who can receive government support - 75% of those studying for the first time will be eligible for loans.
If his firm were to invest DM10m in a Bavarian start-up, says Mr Strascheg, the unproven company would be eligible for DM10m in loans from the federal government and a further DM10m from the local government.
The law also added service-disabled vets to the list of groups eligible for fully guaranteed loans under the government's 7A small-business loan program and created a government-wide goal that 3% of all federal contracts must go to small businesses owned by service-disabled veterans.
As part of the deal, Flagstar admitted that it had submitted false certifications to the Department of Housing and Urban Development, inducing the Federal Housing Administration to accept loans for government insurance that were not eligible and that resulted in losses to HUD when the loans defaulted.
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Students enrolled at for-profit institutions offering cheap courses will be eligible for state-supported loans.
His latest report says those over 30 should be eligible for start-up loans.
Unlike smaller mortgages, many jumbo loans aren't eligible to be purchased by the governmental-chartered agencies known as Fannie Mae and Freddie Mac, so they tend to be more expensive for borrowers.
Undergraduates are eligible to receive two types of Stafford loans: subsidized and unsubsidized.
All loans consolidated this way are eligible for income-based repayment.
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That second year according to the FAFSA that had honestly filled out by my parents, I was not eligible for any student aid, grants, or loans.
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For commercial loans, companies that are not bank eligible often turn to asset-backed lenders, pledging inventories and accounts receivable or leasing equipment rather than purchasing it.
If your college-bound kid has student loans, which most do these days, you're not eligible for Gore's college tax credit.
The bill also authorizes U.S. citizens and financial institutions to make deposits, loans, and other forms of financial assistance to credit unions in eligible countries.
The borrower is also eligible for financial help, and both get added benefits if struggling borrowers are identified before loans go delinquent.
The Peace Corps pays down 15 percent on all Federal Perkins Loans for each year of service, after the third year, participants are eligible to write off 20 percent of all Perkins loan debt per year, says Jim Wolfston, founder of CollegeNET.
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The Federal Reserve is widely expected to help by making commercial mortgage-backed securities eligible for its programme (known as the TALF) to support the securitisation market with subsidised loans.
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