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Definitions (46)
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attempted credits
Attempted Credits refers to the number of credits attempted at the institution. An attempted credit is one for which the student was required to pay for (regardless of whether or not they received fin [..]
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academic year
A period of at least 30 weeks of instructional time during which a full-time student is expected to complete at least 16 semester or trimester hours, or at least 36 quarter hours, at an institution th [..]
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budget
See Cost of Attendance (COA)
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college work study
A federal work program that provides jobs to help pay for educational expenses. This program encourages community service and work related to the student's course of study. Students will be paid [..]
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cost of attendance
Here is the average cost of attendance for a full-time student enrolled for the 2015-2016 Academic Year
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consolidation loan
A consolidation loan combines several loans into one bigger loan. This sometimes results in a lower interest
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default
A loan is in default when the borrower fails to pay a regular installment on time or otherwise fails to meet the terms and conditions of the loan. If you default on a loan, the university, the holder [..]
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deferment
Deferment occurs when a borrower is allowed to postpone repayment of a student loan. For example, some federal loan programs allow students to defer their loans while they are in school. Other loan pr [..]
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dependency status
A student's dependency status determines to what degree the student is expected to have access to parental financial resources. An independent student is one who is 24 years old as of January 1, [..]
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