Batista's companies received $4.1 billion in 2009 from BNDES, with at least one loan reportedly at a fixed 4.5% a year (interest rates are usually 2% to 12%, depending on the length of the loan).
It also retained or employed at least 147 loan officers without registering them with the state.
Likewise, borrowers who don't have at least one loan from 2012 or later, like students who graduated in 2011 or earlier, also won't be eligible.
Instead, the new income-based repayment plan will be available to new borrowers since 2008 who have at least one loan that originated in 2012 or later.
If the borrower does not have at least one loan from 2012 or a later year, the borrower does not qualify for the 10 percent version of income-based repayment.
"In the second row we will try to being somebody in, at least on loan, in the very near future," Cohen said.
Beyond Gerrard, only Everton's Tony Hibbert, 34, who has racked up 327 appearances in all for the Toffees since his first-team bow in 2001, and 25-year-old Ciaran Clark, who only passed 100 games for Aston Villa last season, have not had at least one loan spell at another club.
The consumer bureau has privately questioned at least one loan servicer about its income-driven enrollment figures and practices, according to industry executives and federal officials.
Divorced, living on a friend's sofa, dodging creditors and at least one loan shark and bouncing between "borrowed" offices, he still believes he is one big case, or crap game, away from the big time.
Paying extra to the least efficient loan that can be paid off the fastest will actually improve your debt to income ratio and credit score, as well as increase your cash flow.
