Also known as the budget, it includes tuition and fees, room and board, allowances for books and supplies, transportation, and personal and incidental expenses.

The university office responsible for the billing and collection of university charges.

Indication of whether student attends full or part time. Typically students must be enrolled at least half time (and in some cases full time) to qualify for financial aid.

A loan that student borrowers must pay all the interest on, including while they are enrolled.

Difference between a student’s total cost of attendance at a specific institution and the student’s total available resources, including financial aid.

Federal student aid programs authorized under Title IV of the Higher Education Act of 1965, as amended. Includes Federal Pell Grants, Federal Supplemental Educational Opportunity Grant, Federal Work S [..]

A student who has not yet received a bachelor’s degree.

States receive matching funds from the federal government to help fund this program for state residents.

A quantitative estimate of the student’s ability to contribute to postsecondary education expenses. (Typically 35 percent of his or her savings and half of the student’s summer earnings above $1,750). [..]

A loan that student borrowers do not have to pay interest on until after their grace period expires.