Based on the received details, the system formulates a valuation of the whole loan collateral and posts a whole loan collateral entry to facilitate tri-party repurchase of the whole loan collateral.

The borrower qualifies for partial loan repayment under the student loan repayment program sponsored by the Department of Defense

The borrower is eligible for partial loan repayment under the Department of Defense’s Student Loan Repayment Program.

This is a so-called "partial bullet loan", in other words, during the loan period the interest is paid monthly, and the principal is paid at the end of the loan period as a one-time payment.

If a portion of any loan is held by the loan recipient for future use, that portion has to be reported as “property not used in charitable activities.