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judsonu.edu
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Definitions (58)
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School Code
For financial aid purposes, the federal ID number assigned to postsecondary educational institutions by the U.S. Department of Education. Judson's school code, also known as the Title IV Code or [..]
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academic year
The measure of academic work to be accomplished each year by a student attending a postsecondary educational institution as defined by each school.
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Accrued interest
Interest that accumulates and is paid in installments at a later time (usually when the principal becomes due) rather than paid on a regular schedule from the time a loan is disbursed and interest beg [..]
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Adjusted Gross Income
The total of an individual's income on a tax return after all allowable deductions have been subtracted.
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Aggregate loan limit
The maximum Federal Stafford Loan amount, subsidized and unsubsidized, students attending a postsecondary educational institution are allowed to borrow throughout their educational careers.
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Alternative Loan
An optional loan resource for college students, available through private agencies that are willing to lend to students for educational purposes.
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Annual loan limit
The maximum Federal Stafford Loan amount, subsidized and unsubsidized, college students are allowed to borrow during a specific period. The annual loan limit for a Stafford Loan is determined by a stu [..]
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Borrower
An individual who agrees to take on the obligation of repaying a loan and accepts the terms of the loan by signing a promissory note. For financial aid purposes, students are borrowers of Federal Staf [..]
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Central Processing System
The computer system to which the Federal Processing Center, as contract by the U.S. Department of Education, electronically transmits FAFSA need analysis data. The CPS performs computer database match [..]
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College Work-Study
An employment program administered by postsecondary educational institutions that provides part-time jobs for students with financial need.
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