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Maximum amount of loan: $5,000.
Maximum amount of loan: $1,000 (although you have to start with lower loans, like $250, and work your way up by paying on time).
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I took out the maximum amount of loans – about $10,000 a year – for three years, adding to the student loans I'd borrowed 15 years ago in my early 20s.
The NUS is calling for a system where 25% of all university bed spaces are offered at 50% of the maximum amount of maintenance loan available.
"They have more than adequate resources to meet all their payables as they come due," he said, adding, "We don't need to borrow the maximum amount of the loan".
Find the principal (this not the maximum amount of the loan; it is only the amount you have used or your "draw").
For example, in a finding that a college representative told the undercover applicant that she "should" take out the maximum amount of federal loans, even if she did not need all the money, and that she "should" put the extra money in a high-interest savings account, the revised version makes it "could" instead.
"[A few years ago], I would've had no problem encouraging a student to take out a maximum amount of money in student loans for their undergraduate degree.
The loan amount is the maximum amount of funds that can be lent to a borrower after a comprehensive credit rating of the borrower, according to the type and value of the collateral as well as the risk profile of the asset financed by the loan.
For example, a worker earning $12 an hour and banking the maximum amount of hours (160) would be giving an interest-free loan of $1,920 to his or her employer.
Each year, Congress authorizes a maximum amount of lending; in 2011, the cap on 7(a) loans was $17.5 billion.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com