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Unlike ICR, Parent PLUS Loans cannot be consolidated into a consolidation loan to qualify. [2] Borrowers with Federal Family Education Loan (FFEL) Program loans and Federal Perkins Loan Program loans may become eligible for the ICR, Pay As You Earn, and Revised Pay As You Earn plans by consolidating them into a Direct Consolidation Loan. [2]
Intelligent character recognition (ICR) is used to extract handwritten text from images. It is a more sophisticated type of OCR technology that recognizes different handwriting styles and fonts to intelligently interpret data on forms and physical documents.
This is a list of abbreviations used in a business or financial context. This list is incomplete; you can help by adding missing items. (August 2008
Income-Contingent Repayment Plan (ICR) Some states and employers may also offer help with student loan debt. While student loan forgiveness can be a huge relief, it’s critical to understand the ...
The times interest earned ratio indicates the extent of which earnings are available to meet interest payments. A lower times interest earned ratio means less earnings are available to meet interest payments and that the business is more vulnerable to increases in interest rates and being unable to meet their existing outstanding loan obligations.
Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.
The incremental cost-effectiveness ratio (ICER) is a statistic used in cost-effectiveness analysis to summarise the cost-effectiveness of a health care intervention. It is defined by the difference in cost between two possible interventions, divided by the difference in their effect.
In finance, the information coefficient is used as a performance metric for the predictive skill of a financial analyst. [1] The information coefficient is close to correlation in that it can be seen to measure the linear relationship between two random variables, e.g. predicted stock returns and the actualized returns. The information ...