Bowdoin College: Can a Bowdoin employee pay cash and still receive the forgivable loan?
DIRECT ANSWER
University-specific policy/budget context; no unit inventory, approval, commute guarantee or individual eligibility inferred. Source effective period: October 2026 policy; stated eligible closings March 1, 2024–February 28, 2028.
No. The participating-bank primary purchase mortgage must be at least 50% of the home's purchase price.
Sources & verification
- www.bowdoin.edu Official university primary source
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