Word: loaning
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...jury in Little Rock returned 24 guilty verdicts against Arkansas Governor Jim Guy Tucker and Clinton's former partners in the Whitewater land deal, Jim and Susan McDougal. After nine weeks of dry courtroom exposition, the jury essentially concluded that the defendants had used McDougal's savings and loan as a private cookie jar, dipping into it for bogus loans to bankroll their many business schemes. Clinton wasn't a defendant in the case (merely a witness for the defense), and most jurors said they believed his testimony but found it tangential. Nevertheless their verdict was a blow...
...worse would have been an attack led by House Republicans, who threatened to cap the Department of Education's Direct Student Loan program, from which Harvard's loan funds are processed, at 10 percent of total loan funds...
Miller says financial aid officers are encouraged to bring up loan payment options whenever possible during meetings with students as financial aid packages are put together...
...Loan payments can be deferred often without interest, depending on the type of loan. Loans can usually be deferred if a student is enrolled in school, serving in the military or volunteering for an organization like the Peace Corps. Deferments are sometimes available for students looking for work or for those who have just had children...
...Loan payments usually must be made monthly with minimum payments typically ranging from $15 to $50. Payments are generally geared to eliminate debts within 10 years...