the balance due on their said remaining loan

English translation: whatever amount (balance) remains on the loan (due to be paid)

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:the balance due on their said remaining loan
English translation:whatever amount (balance) remains on the loan (due to be paid)
Entered by: Nam Vo
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07:45 Jun 14, 2018
English to English translations [PRO]
Bus/Financial - Finance (general)
English term or phrase: the balance due on their said remaining loan
This is quite complicated, difficult to understand. Help, please!

I don't understand "other than for graduation" either. If you guys can explain it, I really appriciate it.
Context:

Additional Clause
Interest at a rate of 7% (seven percent) will accrue on the remaining balance the first day after the "Course Extended Completion Date".
All overage charges combined of $12.00 an hour times however many overage hours and any remaining tuition balance within the original contract agreement will be subject to interest at 7% (seven percent) until the loan amount is paid in full.
If the student's enrollment ends before the "Original Course Projected Completion Date" or the "Extended Course Completion Date", other than for graduation , the student will be subject to 7% (seven percent) interest on the balance due on their said remaining loan.
Nam Vo
Vietnam
Local time: 11:55
whatever amount (balance) remains on the loan (due to be paid)
Explanation:
If a student leaves the course (stops being enrolled on it) without completing it that is, before the expected completion date for the course ( or an extended completion date), any balance remaining due to be paid will have 7% interest added to it.

other than for graduation= This interest will not apply, however, if the student graduates. If they graduate (get their diploma or degree or whatever award) then, obviously, they no longer need to be enrolled on the course, so the remaining loan will be paid off in the usual way without extra interest on the balance.

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Note added at 6 days (2018-06-20 10:37:12 GMT) Post-grading
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Glad to have helped
Selected response from:

Yvonne Gallagher
Ireland
Local time: 05:55
Grading comment
Thank you very much! I appreciate it :)
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1whatever amount (balance) remains on the loan (due to be paid)
Yvonne Gallagher


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
whatever amount (balance) remains on the loan (due to be paid)


Explanation:
If a student leaves the course (stops being enrolled on it) without completing it that is, before the expected completion date for the course ( or an extended completion date), any balance remaining due to be paid will have 7% interest added to it.

other than for graduation= This interest will not apply, however, if the student graduates. If they graduate (get their diploma or degree or whatever award) then, obviously, they no longer need to be enrolled on the course, so the remaining loan will be paid off in the usual way without extra interest on the balance.

--------------------------------------------------
Note added at 6 days (2018-06-20 10:37:12 GMT) Post-grading
--------------------------------------------------

Glad to have helped

Yvonne Gallagher
Ireland
Local time: 05:55
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 36
Grading comment
Thank you very much! I appreciate it :)
Notes to answerer
Asker: Thank you very much, Yvonne Gallagher. Great help :) And thanks, philgoddard.


Peer comments on this answer (and responses from the answerer)
agree  philgoddard: They could simply have said "the balance of the loan".
3 hrs
  -> Yes, indeed they could
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