Student loan

A student loan is designed to help students pay for university tuition, books, and living expenses. It may differ from other types of loans in that the interest rate may be substantially lower and the repayment schedule may be deferred while the student is still in school. It also differs in many countries in the strict laws regulating renegotiating and bankruptcy.

Australia

Tertiary student places in Australia are usually funded through the HECS-HELP scheme. This funding is in the form of loans that are not normal debts. They are repaid over time via a supplementary tax, using a sliding scale based on taxable income. As a consequence, loan repayments are only made when the former student has income to support the repayments. Discounts are available for early repayment. The scheme is available to citizens and permanent humanitarian visa holders. Means-tested scholarships for living expenses are also available. Special assistance is available to indigenous students.

There has been criticism that the HECS-HELP scheme creates an incentive for people to leave the country after graduation, because those who do not file an Australian tax return do not make any repayments.

Loan

In finance, a loan is the lending of money from one individual, organization or entity to another individual, organization or entity. A loan is a debt provided by an entity (organization or individual) to another entity at an interest rate, and evidenced by a promissory note which specifies, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and date of repayment. A loan entails the reallocation of the subject asset(s) for a period of time, between the lender and the borrower.

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.

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. 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. Although this article focuses on monetary loans, in practice any material object might be lent.

Version

Version may refer to:

Computing

Music

Albums

Other uses

See also

Broadcasting

Broadcasting is the distribution of audio and/or video content to a dispersed audience via any electronic mass communications medium, but typically one using the electromagnetic spectrum (radio waves), in a one-to-many model. Broadcasting began with AM radio broadcasting which came into popular use starting with the invention of the crystal detector in 1906. Before this, all forms of electronic communication, radio, telephone, and telegraph, were "one-to-one", with the message intended for a single recipient. The term "broadcasting", borrowed from the agricultural method of sowing seeds in a field by casting them broadly about, was coined by either KDKA manager Frank Conrad or RCA historian George Clark around 1920 to distinguish this new activity of "one-to-many" communication; a single radio station transmitting to multiple listeners.

Over the air Broadcasting is usually associated with radio and television, though in practice radio and television transmissions take place using both wires and radio waves. The receiving parties may include the general public or a relatively small subset; the point is that anyone with the appropriate receiving technology can receive the signal. The field of broadcasting includes a wide range of practices, from relatively private exchanges such as public radio, community radio and commercial radio, public television, and commercial television.

Student

A student or pupil is a learner, or someone who attends an educational institution. In Britain until about 2012, underage schoolchildren were always referred to as "pupils", while those attending university are termed "students". In the USA, and more recently also in Britain, the term "student" is applied to both categories, no doubt due to US influence. In its widest use, student is used for anyone who is learning, including mid-career adults who are taking vocational education or returning to university, or younger 'researchers or artists learning from a more experienced (and usually older) colleague and mentor.

Asia

Singapore

Education can be Government initiated and compulsory for students from the age of 6 to the age of 16. Primary School (Primary 1 to 6) Secondary School ( Secondary 1 to 4 or 5) Junior College (Junior College 1 to 2 - Optional)

There are also schools which has the integrated programme such as River Valley High School (Singapore).

International Schools are subject to overseas curriculums such as the British, American, Canadian or Australian Boards.