Some calculators also muddy the distinction between a grant, a loan the student must repay and money a student must earn at a work-study job.
In the processing of loan applications, for example, the inputs may represent loan applicant profile data and the output whether to grant a loan.
He acknowledged that lenders will often make exceptions and grant a loan to someone who might not otherwise qualify, if the broker who originated the loan has brought the lender much business in the past.
The Thursday afternoon alert to the commission led to a round of evening and early morning negotiations, and at 5 a.m. on Friday, members of the Federal Reserve voted over the telephone to grant a loan, through JPMorgan, to Bear Stearns.
And at a global financing summit for new nuclear plants, in Paris in June 2006, Paavo Lipponen, former speaker of the Finnish parliament, who, as prime minister, laid the foundation stone for Olkiluoto 3, said: To finance for the new unit being built in Olkiluoto the owners pay 20% equity capital and grant a loan on equity terms covering another 5%.
Here's a guy of color that was captain and coach of his golf team in high school, captain of his football team, and when I come and try back to get a loan, they tell me, 'Bill, go there and get a loan.' " No local banks would grant a loan to Powell, who grew up in Minerva — a small town about 20 miles east of Canton — where he caddied from the age of 9.
Santander says it requires company directors to have held the post for at least two years before granting a loan.
Meanwhile, Wonga was ordered to to write off £220m in loans to 375,000 customers that it admitted should never have been granted a loan.
This has meant that people who may have previously been granted a loan are being rejected under the new regime, whereas others facer closer scrutiny over things like childcare and travel costs.
Among other charges, the S.E.C. says that a co-founder of the company, Advanced Equities, told investors that the company had been granted a loan from the Department of Energy for more than $250 million, when in fact it had merely applied for a $96.8 million loan.
A complete process of granting a loan is restricted to be performed by two different persons.
