nasfaa.org

Website:http://www.nasfaa.org
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Definitions (23)

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enrollment level


Level of the degree-granting program in which a student is enrolled. Basic levels of enrollment include: undergraduate (students seeking an associate's degree, a certificate, or a baccalaureate d [..]
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cost of attendance


The estimated cost of attending this institution for one academic year.This amount includes the following:
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direct costs


Expenses the student/family pays to the college.
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educational loan


A form of financial aid that must be repaid with interest.Educational loans have varying interest rates and repayment terms. Students and/or parents are required to sign a promissory note when accepti [..]
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student loan


Funds awarded to the student that must eventually be paid back to the lender by the student.
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federal perkins loan


A low interest loan for educational expenses provided by the federal government for qualified individuals with exceptional financial need as defined by the institution. .The Federal Perkins Loan needs [..]
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federal grad plus loan


Loan funds provided to graduate students
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private loan


A loan from a commercial, state-affiliated or institutional lender used to pay for up to the annual cost of education, less any financial aid received.Private loans usually require the applicant to be [..]
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federal parent loan


A federal loan program that allows parents who have no adverse credit history to apply for up to the Cost of Attendance each year, less any financial aid. PLUS loans must be repaid with interest.  
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enrollment status


Academic workload (or course load), as defined by the institution, that a student is carrying for a defined academic period. This normally relates to the number of credit hours or clock hours taken by [..]
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