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eligible loan

Defined in 1 dictionary — U.S. Code

United States Code

20 U.S.C. § 1078 — in this section

the term “eligible loan” means a loan made, insured or guaranteed under this part;

20 U.S.C. § 1087 — as used in this section (10 versions over time)

As used in this section, the term "eligible loan" means a loan—

(A) (i) on which a portion of the interest is paid on behalf of the student and for the student's account to the holder of the loan under section 1078(a) of this title;

(ii) which is made under section 1078–1,1 1078–2, 1078–3, 1078–8, or 1087–2(o) of this title; or

(iii) which was made prior to October 1, 1981; and

(B) which is insured under this part, or made under a program covered by an agreement under section 1078(b) of this title.

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