A student's academic class level, as provided by a school official on the student's application and promissory note. Graduate or Professional Student Someone who is working on a degree beyond a Bachelor’s degree, for example a masters, law or doctorate degree

A measured term of enrollment (fall and spring semesters). It is the period during which school is in session. The academic year for WSU is from the middle of August to the beginning of May. It is divided into two terms (fall and spring).

Interest that accumulates on the unpaid principal balance of a loan.

The additional amount of unsubsidized Direct loans dependent undergraduate students whose parents are unable to obtain a Federal PLUS Loan are eligible to receive.

All taxable income less IRS allowable adjustments to income. This figure is drawn from an individual's federal tax return.

The total amount disbursed (less any amount repaid or cancelled) to a borrower under a given loan type throughout the borrower's academic career.

Private loans are education loan programs established by private lenders to supplement the student and parent education loan programs that are available from federal and state governments.

The maximum amount that a student may borrow at a particular grade level in one academic year.

A specific amount of financial assistance to pay for education costs offered to a student through one or more financial aid programs. Each individual school makes a determination of the mounts and types of assistance it has available to offer to the student along with any other types of assistance the student may have received or will receive.

A document issued by the financial aid office listing the types and amounts of all the financial aid awarded to the student.