If a loan is not in repayment status, accrued interest is the amount accumulated since the original disbursement of the loan or since the beginning of a grace period, deferment, or forbearance.Īgency: refers to National Institute of Food and Agriculture (NIFA).Īpplicant: An individual who applies to and meets the eligibility criteria for the VMLRP.ĪVMA COE: American Veterinary Medical Association Council on Education, a specialized accrediting agency recognized and authorized by the U.S. If a loan is in repayment status, accrued interest is the amount of interest accumulated since the most recent payment. VMLRP accepts an account statement that is printed from a lender’s website.Īccrued Interest: Interest that has accumulated on the loan and is considered part of your qualified debt at the program eligibility date. Act: refers to National Veterinary Medical Service Act, as amended.Īccredited college of veterinary medicine: For VMLRP purposes, this is defined as a college of veterinary medicine accredited by the AVMA COE.Īccount Statement: This document typically provides the current loan balance, interest rate, and other information, including the account number and payment address.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |