About consolidate graduate student loans - consolidate_graduate_student_loans
"Junior" and "senior" are not used in this figurative way to refer to third and fourth years or efforts, because of those words' broader meanings of "younger" and "older.
1st grade, 5th grade) so students may be referred to as 1st graders, 5th graders, etc.
426 (1955)(giving the three-prong standard for what is "income" for tax purposes: (1) accession to wealth, (2) clearly realized, (3) over which the taxpayer has complete dominion).
A freshman (slang alternatives that are usually derogatory in nature include "fish", "new-g", "fresher", "frosh", "newbie", "freshie", "snotter", "fresh-meat", "skippie", etc.
A report by Universities UK, "Studentification: A Guide to Opportunities, Challenges and Practice" (2006) has explored the subject and made various recommendations.
A student entering a private, fee-paying school (usually at age 13) would join the "third form" — equivalent to year 9.
A student who takes more than the normal number of years to graduate is sometimes referred to as a "super senior".
A vocational program typically takes much less time to complete than a four-year degree program, lasting 12–24 months.
Accordingly, college students are often called Freshman, Sophomores, Juniors, and Seniors (respectively), unless their undergraduate program calls for more than the traditional 4 years.
After compulsory education most children attend second level education (toisen asteen koulutus), either lukio (corresponds to high school) or ammattikoulu (usually translated as 'college', literally "profession school"), at which point they are called students (opiskelija).
After five years of education at this level, some students finish (fifth form or 11th grade) and graduate at sixteen years old.
After that they start secondary school at 11 years old, this is called "1st year" or year 8 in Northern Ireland, or "S1" in Scotland.
After third year, pupils have the option of taking a "transition year" or fourth year (usually at age 16).
After year twelve, students may pursue tertiary education at university or TAFE (technical and further education).
Alternatively, pupils can leave and go into full time employment or to start in a technical collage.
Although it is not unusual to call someone a fresher after their first few weeks at university, they are typically referred to as "first years" or "first year students".
An indirect auto loan is where a car dealership acts as an intermediary between the bank or financial institution and the consumer.
An undergraduate in the last year of study before graduation is generally known as a "finalist.
An unsecured lender must sue the borrower, obtain a money judgment for breach of contract, and then pursue execution of the judgment against the borrower's unencumbered assets (that is, the ones not already pledged to secured lenders).
As a general term for all stages of education, the word studerande (plural also studerande) is used, meaning 'studying [person]'.
As there is no overall national coordinating authority, the way the educational stages are grouped and named differs from region to region.
At the end of the sixth year a final state examination is required to be sat by all pupils, known as the Leaving Certificate.
At the end of third year, all students must sit a compulsory state examination called the Junior Certificate.
Children attend esikoulu the year they turn six, and next year they start attending "peruskoulu" (literally "basic school", corresponds to American elementary school, middle school and junior high), which is compulsory.
Common personal loans include mortgage loans, car loans, home equity lines of credit, credit cards, installment loans and payday loans.
Confusingly, this means that it is possible to be both a "freshman Senator" and a "senior Senator" simultaneously: for example, if a Senator wins election in 2008, and then the other Senator from the same state steps down and a new Senator elected in 2010, the former Senator is both senior Senator (as in the Senate for two years more) and a freshman Senator (since still in the first term).
Credit card companies in some countries have been accused by consumer organisations of lending at usurious interest rates and making money out of frivolous "extra charges".
Different terms for school students exist, depending on which kind of school is attended by the student.
First year students are called "fuksi" and students that have studied more than five years are called "N:nnen vuoden opiskelija" (Nth year student).
Folk etymology indicates that the word means "wise fool"; consequently "sophomoric" means "pretentious, bombastic, inflated in style or manner; immature, crude, superficial" (according to the Oxford English Dictionary).
For instance, a university official might ask a student if they are a fresher without any hint of a put down.
For other institutions, issuing of debt contracts such as bonds is a typical source of funding.
For purposes of calculating income, this should be treated the same way as if Y gave X $50,000.
Here they first enter the junior cycle, which consists of first year to third year (ages 13–15).
However, the American English use of the word "student" to include pupils of all ages, even at elementary level, is now spreading to other countries, and is found in the UK (particularly in the state sector), as well as Australia and Singapore.
If pupils follow the average pattern of school attendance, pupils will be in "year 12" between the ages of 16 and 17, and "year 13" between 17 and 18, however many schools still refer to them as the "lower sixth" and "upper sixth" or "AS" and "A2".
If the borrower defaults on the loan, the bank would have the legal right to repossess the house and sell it, to recover sums owing to it.
In Canada, colleges are generally geared for individuals seeking applied careers, while universities are geared for individuals seeking more academic careers.
In English provinces, the high school (known as academy or secondary school) years can be referred to simply as first, second, third, and fourth year.
In New South Wales the first year is called 'kindergarten', and in South Australia 'reception'; students then continue on to 'year one' through to 'year six', except in Western Australia, South Australia and Queensland, where primary school currently continues to 'year seven'.
In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants.
In different time periods and cultures the acceptable interest rate has varied, from no interest at all to unlimited interest rates.
In insolvency proceedings, secured lenders traditionally have priority over unsecured lenders when a court divides up the borrower's assets.
In order from first year to fourth year, students are referred to as "fourth-class", "third-class", "second-class", and "first-class" cadets or midshipmen.
In some English High Schools, as well as in most French schools, high school students will refer to secondary 1-5 as year one through five.
In some nations, the English term (or its cognate in another language) is reserved for those who attend university, while a schoolchild under the age of eighteen is called a pupil in English (or an equivalent in other languages).
In state schools, children join secondary school when they are 11–12 years old in what used to be called "first form" and is now known as "year 7".
In the United Kingdom, when applied to individuals, these may come under the Consumer Credit Act 1974.
In the context of college loans in the United States, it refers to a loan on which no interest is accrued while a student remains enrolled in education.
In this situation, the fourth and fifth years would be referred to as Junior and Senior years, respectively, and the first two years would be the Freshman and Sophomore years.
In transition year pupils take a break from regular studies to pursue other activities that help to promote their personal, social, vocational and educational development, and to prepares them for their role as autonomous, participative and responsible members of society.
It also provides a bridge to enable pupils to make the transition from the more dependent type of learning associated with the Junior Cert.
It is also not uncommon for students from one school to steal or deface the mascot of a rival school.
It is presumed that the person asking the question knows that they are not referring to "Grade 3" but rather "Secondary 3".
It is widely assumed to be formed from Greek "sophos", meaning "wise", and "moros" meaning "foolish", although the etymology suggests an origin from the now-defunct "sophumer", an obsolete variant of "sophism".
It takes 5 years for a student to graduate from elementary school, 3 years for junior high school and 3 years for high school and 1 year for pre-university college( independed on your field) .
It usually involves granting a loan in order to put the borrower in a position that one can gain advantage over him or her.
Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower.
Many pupils, however, choose to remain at school for a sixth year to grow in maturity and to gain extra qualifications (e.
Many schools have an alternate name for first years, some with a derogatory basis, but in others acting merely as a description — for example "shells" (non-derogatory) or "grubs" (derogatory).
Mature students can also include students who have been out of the education system for decades, or students with no secondary education.
Ontario and Quebec offer a pre-kindergarten, called a "junior kindergarten" in Ontario, and a "garderie" in Quebec.
Other provinces, such as British Columbia, mainly divide schooling into elementary school (Kindergarten to grade 7) and secondary school (grades 8 through 12).
Outside the USA the term Sophomore is rarely used, with second-year students simply called "second years".
Pre-kindergarten, also known as "preschool" is becoming a standard of education as academic expectations for the youngest students continue to rise.
Primary and secondary education are generally divided into numbered grades from 1 to 12, although the first grade may be preceded by kindergarten (optional in many provinces).
Pupils start off in nursery or reception aged 3 to 4, and then start primary school in "P1" (P standing for primary) or year 1.
Second years are called "semi-bejants", third years are known as "tertians", and fourth years, or others in their final year of study, are called "magistrands".
Secondaries I-V are equivalent to grades 7-11, and secondary V (grade 11) may be followed by two years of a pre-university called a CEGEP.
So if someone in Secondary three is asked "what grade/year are you in?" they will reply "three" or "sec 3".
Some move on to the tertiary level, while some may choose to attend 6th form (12th and 13th grade) then move on to university or college or straight into the working world.
Some other terms may apply in specific schools, some depending on the classe préparatoire aux grandes écoles attended.
Some universities also use numerical terms to identify classes; students enter as "first-years" and graduate as "fourth-years" (or, in some cases, "fifth-years", "sixth-years", etc.
Sophister is another term for a sophomore, though the term is rarely used in other institutions and is largely limited to Trinity College Dublin.
Students attending a university preparatory school are called Gymnasiasten, while those attending other schools are called Hauptschüler or Realschüler.
Students begin secondary school (also known as high school) in 'year seven' (or 'year eight' in WA, SA and Qld)and continue to 'year twelve'.
The Internal Revenue Code lists “Income from Discharge of Indebtedness” in Section 61(a)(12) as a source of gross income.
The OAC was informally known as "grade 13" and the name was also used to refer to the students who took it.
The amount paid to satisfy the loan obligation is not deductible (from own gross income) by the borrower.
The credit score of the borrower is a major component in and underwriting and interest rates (APR) of these loans.
The duration of the loan period is considerably shorter — often corresponding to the useful life of the car.
The financial institution, however, is given security — a lien on the title to the house — until the mortgage is paid off in full.
The general term for children in primary and secondary school is 'students', including those in primary, secondary and tertiary levels.
The monthly payments of personal loans can be decreased by selecting longer payment terms, but overall interest paid increases as well.
The term Middler is used to describe a third-year student of a school (generally college) that offers five years of study.
The term Underclassman is used to refer collectively to Freshmen and Sophomores, and Upperclassman to refer collectively to Juniors and Seniors, sometimes even Sophomores.
The term, "first year" is the more commonly used and connotation free term for students in their first year.
The university entrance exam is conducted every year by National Organization of Education Assessment, an organization under the supervision of [httthe p://www.
The week at the start of a new year is called "Freshers' Week" or "Welcome Week", with a programme of special events to welcome new students.
Then Year Seven and Year Eight are Intermediate, and from Year Nine until Year Thirteen, a student would attend a secondary school or a college.
There is little derogatory connotation to this name in the UK, except for an occasional reference to "freshers" in a tone that implies naivety.
They continue secondary school until the age of 16 at "5th year", year 12 or "S5", and then it is the choice of the individual pupil to decide to continue in school and (in Northern Ireland) do AS levels (known as "lower sixth") and then the next year to do A levels (known as "upper sixth").
They go up to year 11 (formerly "fifth form") and then join the sixth form, either at the same school or at a separate sixth form college.
They then advance to primary school, which consists of second class to sixth class (ages 8–12).
They would then move on to the primary or preparatory school at about the age of five or six usually.
This is known as Year One, as it is the beginning of the 13 years of schooling.
Thus, a higher interest rate reflects the additional risk that in the event of insolvency, the debt may be uncollectible.
To graduate from upper secondary school (gymnasium) is called ta studenten (literally "to take the student"), but after the graduation festivities, the graduate is no longer a student unless he or she enrolls at university-level education.
Typically, the money is paid back in regular installments, or partial repayments; in an annuity, each installment is the same amount.
Unofficially, other terms are used, for example at the United States Military Academy, freshmen are called "plebes", sophomores are called "yearlings" or "yuks", juniors are called "cows", and seniors are called "firsties".
Upon entering high school, grades 9 through 12 (high school) also have alternate names for students, namely Freshman, Sophomore, Junior and Senior.
Year Thirteen is not compulsory, however it is very uncommon for a student to finish school at Year Twelve.
Year eight to ten students are sometimes referred to as juniors and year elevens and twelves as seniors.
Year one to six is Primary School, where children commonly attend local schools in the area for that specific year group.
 Thus, if a debt is discharged, then the borrower essentially has received income equal to the amount of the indebtedness.
is the basis for all Irish pupils who wish to do so to advance to higher education via a points system.
" A junior senator is therefore not one who is in a third term of office, but merely one who has not been in the Senate as long as the other senator from their state.
"Freshman" and "sophomore" are sometimes used figuratively, almost exclusively in the United States, to refer to a first or second effort ("the singer's sophomore album"), or to a politician's first or second term in office ("freshman senator") or an athlete's first or second year on a professional sports team.
) is used in some Commonwealth primary and secondary schools (particularly in England and Wales) instead of "student", but once attending higher education such as sixth-form college, etc.
A mature, non-traditional, or adult student in tertiary education (at a university or a college) is normally classified as an (undergraduate) student who is at least 21–23 years old at the start of their course and usually having been out of the education system for at least two years.
A mortgage loan is a very common type of debt instrument, used by many individuals to purchase housing.
A subsidized loan is a loan on which the interest is reduced by an explicit or hidden subsidy.
Abuses can also take place in the form of the customer abusing the lender by not repaying the loan or with an intent to defraud the lender.
After the junior cycle pupils advance to the senior cycle, which consists of fifth year and sixth year (usually ages between 16 to 19).
Although a loan does not start out as income to the borrower, it becomes income to the borrower if the borrower is discharged of indebtedness.
An unsubsidized loan is a loan that gains interest at a market rate from the date of disbursement
At Trinity College Dublin under-graduate students are formally called "junior freshmen", "senior freshmen", "junior sophister" or "senior sophister", according to the year they have reached in the typical four year degree course.
At universities in the UK, the term "fresher" is used informally to describe new students who are just beginning their first year.
At university the term "fresher" is used to describe new students who are just beginning their first year.
Consolidation, a popular name of a steam locomotive type, with 2-8-0 wheel, built first in 1864
Demand loans are short term loans  that are atypical in that they do not have fixed dates for repayment and carry a floating interest rate which varies according to the prime rate.
Education in Canada is within the constitutional jurisdiction of the provinces, and the overall curriculum is overseen by the provincial governments.
Education in Ontario once involved an Ontario Academic Credit (OAC) as university preparation, but that was phased out in 2007, and now all provinces except Quebec have 12 grades.
Education in Quebec differs from the other provinces in that it has an école primaire (literally "primary school") consisting of grades 1-6, and an école secondaire (literally "secondary school") consisting of secondaries I-V.
For a more detailed description of the “discharge of indebtedness”, look at Section 108 (Cancellation of Debt (COD) Income) of the Internal Revenue Code.
Graduate (band), the band that Roland Orzabal and Curt Smith were in before forming Tears for Fears
Graduate diploma, generally a postgraduate qualification, although some graduate diplomas involve the study of undergraduate level courses
If an internal link led you here, you may wish to change the link to point directly to the intended article.
In Australia, after kindergarten or preschool, which are not compulsory, children begin primary school, usually after the fifth birthday.
In England and Wales, primary school begins with an optional "nursery" year followed by reception (similar to kindergarten) and then move on to "year one, year two" and so on until "year six".
In England and Wales, teenagers who attend a college or secondary school for further education are typically called "sixth formers".
In Finland a student is called "opiskelija" (plural being 'opiskelijat'), though children in compulsory education are called "oppilas" (plural being 'oppilaat').
In Iran 12-year school is categorised in three stages: Elementary school, Junior high school and High school.
In Ireland, pupils officially start with national school which consists of three years: junior infants, senior infants and first class (ages 5–7).
In Jamaica, children usually start attending school at the age of two, where they would go to what is known as basic school or kindergarten.
In New Zealand, after kindergarten or pre-school, which you attend from ages three to five, children begin primary school at 5.
In Scotland, pupils sit Highers at the end of fifth year (when aged 16–17) after which it is possible for them to gain entry to university.
In a loan, the borrower initially receives or borrows an amount of money, called the principal, from the lender, and is obligated to pay back or repay an equal amount of money to the lender at a later time.
In some instances, a loan taken out to purchase a new or used car may be secured by the car, in much the same way as a mortgage is secured by housing.
In some provinces, grades 1 through 6 are called "elementary school", grades 6 through 8 are called "middle school" or "junior high school", and grades 9 through 12 are considered high school.
In the USA, a Junior is a student in the penultimate (usually third) year and a Senior is a student in the last (usually fourth) year of college, university, or high school.
In the United States, the first official year of schooling is called kindergarten, which is why the students are called kindergarteners.
In the past, the term "student" was reserved for people studying at university level in the United Kingdom.
Interest rates on unsecured loans are nearly always higher than for secured loans, because an unsecured lender's options for recourse against the borrower in the event of default are severely limited.
Large increases in the size of student populations in the UK and the effect this has had on some university towns or on areas of cities located near universities have become a concern in the UK since 2000.
Loans can also be subcategorized according to whether the debtor is an individual person (consumer) or a business.
Loans to businesses are similar to the above, but also include commercial mortgages and corporate bonds.
Most of the basic rules governing how loans are handled for tax purposes in the United States are codified by both Congress (the Internal Revenue Code) and the Treasury Department (Treasury Regulations — another set of rules that interpret the Internal Revenue Code).
Project Graduate, a student recruitment program designed to bring Kentuckians with 90 or more college credit hours but no bachelor's degree back to college to finish their degree
Student attending vocational school focus on their job and learning how to work in specific fields of work.
Students who are repeating a grade level of schooling due to poor grades are sometimes referred to as having been "held back" or "kept back".
The United States military academies officially use only numerical terms, but there are colloquial expressions used in everyday speech.
The ancient Scottish University of St Andrews uses the terms "bejant" for a first year (from the French "bec-jaune" – "yellow beak", "fledgling").
The difference between college and university is significantly different than in the United States or even the United Kingdom.
The fixed monthly payment P for a loan of L for n months and a monthly interest rate c is:
The interest rates applicable to these different forms may vary depending on the lender and the borrower.
The loan is generally provided at a cost, referred to as interest on the debt, which provides an incentive for the lender to engage in the loan.
The most typical loan payment type is the fully amortizing payment in which each monthly rate has the same value over time.
The term 'pupil' (originally a Latin term for a minor as the ward of an adult guardian, etc.
To attend ammattikorkeakoulu ("high profession school", translated as university of applied sciences) or a university a student must have a second level education.
Travel consolidators, a consolidation of travel services in one package or at one single point of access
University students are generally classified as first, second, third, or fourth-year students, and the American system of classify them as "freshmen", "sophomores", "juniors", and "seniors" is seldom used or even understood in Canada.
University students have been associated with pranks and japes since the creation of universities in the Middle Ages.
 The rationale here is that one asset (the cash) has been converted into a different asset (a promise of repayment).
 Deductions are not typically available when an outlay serves to create a new or different asset.
 In fact, pranks play such a significant part in student culture that numerous books have been published that focus on the issue.
 Pranks may reflect current events, be a form of protest or revenge, or have no other purpose than for the enjoyment of the prank itself.
 In effect, the promise of repayment is converted back to cash, with no accession to wealth by the lender.
 Interest paid represents compensation for the use of the lender’s money or property and thus represents profit or an accession to wealth to the lender.
 Interest income can be attributed to lenders even if the lender doesn’t charge a minimum amount of interest.
 In general, interest paid in connection with the borrower’s business activity is deductible, while interest paid on personal loans are not deductible.
 A particular problem in many locations is seen as the impact of students on the availability, quality and price of rented and owner-occupied property.
 Otherwise, it may refer to a loan on which an artificially low rate of interest (or none at all) is charged to the borrower.
 This term is often used in college, but can be used in high school as well.
 Liberal Arts that are required in four-year Universities are less important to these students because the skills necessary for their careers take precedence in order for a timely completion of the program.
 These can often involve petty crime, such as the theft of traffic cones and other public property, or hoaxes.
 Since the borrower has the obligation to repay the loan, the borrower has no accession to wealth.
 The gunners are normally either concerned with getting into a professional school or excelling in the professional school to continue on to a specialty.
^ Miller, Eli, "Oski and Tree Have Rowdy, Long History"[dead link], The Daily Californian, 22 November 2002.
^ Steinberg, Neil, If at All Possible, Involve a Cow: The Book of College Pranks, 1992.
^ Watts, Jonathan, "Student prank that gave the Chinese a fit of the willies", The Guardian, London, 1 November 2003.