according to the us department of education the average cost of a year at public school is $ 15100 and $ 32900 for private institutions those costs are more than outpacing inflation and wage growth today there is more outstanding student loan debt than credit card debt
The draw period of a loan is usually determined up front and explicitly defined in the contract terms of the loan. The draw period consists of a time frame during which the credit facility may be accessed, and may include an increasing maximum as the loan gets older.
benefit period. Also found in: Financial. benefit period. A period of hospital or skilled nursing use by the beneficiary of an insurance policy, which begins on the day of admission and ends when the recipient has not received hospital or skilled nursing care for 60 consecutive days.