Loan Cap

Loan Cap

The policy of a higher education institution forbidding students from taking out student loans in excess of a certain amount. A school may enforce a loan cap by covering a portion of the debt with grants, by giving scholarships, or by other means.
References in periodicals archive ?
During a Health, Education, Labor, and Pensions (HELP) Committee hearing today, Senator Maggie Hassan questioned higher education experts about how to help students complete degrees and the harmful impact of a proposed graduate student loan cap on students.
At the Africa Legal Network conference in Dubai last week, one consultant called the loan cap "a complete disaster that never should have been done" and pleaded for authorities to manage the causes, not the effect.
Additionally, this announcement is important because small-dollar loans do not count toward the credit unions' business loan cap.
A unique aspect of the SBA and NCUA partnership is that SBA small dollar loans do not count against credit unions' business loan cap, so they are well suited to expanding access to these loans," said SBA administrator Maria Contreras-Sweet.
For a property worth more than Dhs5 million, the loan cap for expatriates is set at 65 per cent and for nationals at 70 per cent of the purchase value.
For a property worth more than Dh5 million, the loan cap for expatriates is set at 65 per cent and for nationals at 70 per cent of the purchase value.
Tomalin explained that the mortgage loan cap law is under consideration by the Central Bank and the banks.
Starting in June, we revised portions of the Small Loan Advantage program making the application process easier, expanding the number of qualified lenders and increasing the loan cap.
The SPL has no such loan cap in existence and that was why Hibs were enabled to field a side, including their team captain, mainly consisting of other clubs' players against Hearts.
Amazon's announcement comes shortly after Harper Collins announced that it would be putting a twenty six loan cap on ebook circulations.
Conspicuous advantages of Uniastrum's SB lending programs include generous repayment periods of up to 10 years, a maximum loan cap of up to Rb 50 mn, and, for businesses lacking sufficient collateral, an opportunity to secure loan guarantees from the Small Business Credit Assistance Fund.
Signature's loan cap is about $9 million, he said, so Signature has relationships with several banks in southern Arkansas that are willing to participate or purchase loans above that value.