奖学金 - an amount of money given by a school, 大学, 大学, or other organization to pay for the studies of a person with great ability but little money.

退款 - pay back (money), typically to a customer who is not satisfied with goods or services bought.

Verification Process - 博彩平台推荐 students should prepare for the FAFSA verification process. About 30 percent of students are selected each year to complete this process, which confirms that the data reported on your FAFSA is complete and accurate. 

FAFSA - The FAFSA (Free Application for Federal Student Aid) is the official form that families must use to apply for federal financial aid to pay for 大学. It is also used by many 状态s and individual 大学s and universities in making their financial aid decisions.

Entrance Counseling - Entrance counseling explains the obligations you agree to meet as a condition of borrowing a Direct Loan. Topics include: Understand Your Loans, Manage Your Spending, 还款计划, Avoid Default and Make Finances a Priority.

出口咨询 - Exit counseling provides important information that you need as you prepare to repay your federal student loan(s). Topics include: Understand Your Loans, 还款计划, Avoid Default, and Make Finances a Priority.

Federal Pell Grant - The Pell Grant is the largest federal grant program offered to undergraduates. It is designed to assist students from low-income households. To qualify for a Pell Grant, a student must demonstrate financial need by completing and submitting the FAFSA® form.

Federal Student Aid - Federal student aid is aid from the government in the form of grants, 贷款, and/or work-study to assist students with 大学 or career school. Students have to complete the FAFSA® form to apply for this aid.

联邦工作研究 - Federal Work-Study provides part-time jobs for undergraduate and graduate students with financial need. The program encourages community service work and work related to your field of study. To receive funds, you will need to be awarded work study and secure a job.

Independent Student - An independent student is at least 24 years old, 结婚了, a graduate/ professional student, 一位资深, a member of the armed forces, 一个孤儿, a ward of the court, someone with legal dependents (not a spouse), an emancipated minor, or someone who is or at risk of being homeless.

法定监护 - Legal guardianship is a designation by a court that authorizes someone to care for an individual in place or absence of parents. Having a legal guardian qualifies you as an independent student, such that you do not have to report your parents’ income on the FAFSA® form.

Master Promissory Note (MPN) - An MPN is a legal document that contains the Borrower’s Rights and Responsibilities and Terms and Conditions for repayment. Direct PLUS and Direct Subsidized / Unsubsidized 贷款 have different MPNs.

PLUS Credit Counseling - PLUS credit counseling helps graduate/professional students and parents of eligible dependent undergraduate students understand the obligations associated with borrowing a PLUS loan and assists them in making careful decisions about taking on student loan debt.

主要 - 主要 refers to the sum of money lent, on which interest is paid.

直接成本 - Expenses the student/family pays directly to the 大学 and seen on the student's bill. Example: Tuition and Fees.

间接成本 - Expenses incurred as a result of attendance at the 大学 that are not paid directly to the 大学. Examples: personal expenses, books, transportation)

Loan Origination Fee- A fee charged by the federal government and deducted from loan proceeds before disbursement to partially offset administrative costs incurred by the government. 

贷款本金- The amount borrowed. Interest is charged on this amount, and guaranty and origination fees will be deducted prior to disbursement.

Satisfactory Academic Progress - Criterion that is checked and monitored to ensure students are progressing toward completion of their programs in order to qualify for federal, 状态, and institutional financial aid.