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Definitions (87)
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aAcademic Year
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Add/Drop Period
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aggregate loan limitsThe aggregate loan limits represent the cumulative borrowing amounts allowed by the Department of Education. Click here for more information on aggregate loan limits.
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annual loan limitsThe annual loan limits for Federal Direct Stafford Loans is the total amount of loan eligibility that a student has within one academic year. The annual loan limit is determined by an individual stud [..]
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anticipated resourcesAnticipated Resources are outside aid that is generally not listed on a student’s award. Students are able to report Anticipated Resources on their MaineStreet account to notify the Bursar’s Office t [..]
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assistantshipGraduate assistantships normally require at least 20 hours per week devoted to teaching or research and are generally prohibited from working elsewhere in addition to the assistantship. For additional [..]
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award letterAlso referred to as the “Financial Aid Award” or “Financial Aid Package”, this is notification of the various types, terms and requirements of the financial aid funds offered. The award is prepared an [..]
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bBorrower (loan)
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borrower rights and responsibilitiesA specified list of rights and responsibilities that loan borrowers are expected to understand and comply with. Click here for more information regarding Borrower Rights and Responsibilities
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