§ 5
- Citation
- § 5 (20)
- Parent Document
- 24 C.F.R. § 5.609
- Jurisdiction
- United States (federal)
- Original Source
- https://www.law.cornell.edu/cfr/text/24/5.609 ↗
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Full Text
313 chars(20) Loan proceeds (the net amount disbursed by a lender to or on behalf of a borrower, under the terms of a loan agreement) received by the family or a third party ( e.g., proceeds received by the family from a private loan to enable attendance at an educational institution or to finance the purchase of a car).