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Definitions (36)
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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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Accruing Interest
The cost of the loan, represented by the interest that is added to the loan amount prior to the repayment period or prior to a payment installment.
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adjusted available income
The portion of family income remaining after deducting federal, state and local taxes, a living allowance, and other factors used in Federal Methodology.
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Assets
Cash on hand in checking and savings accounts; trusts, stocks, bonds, other securities; real estate (excluding the home you live in), income-producing property, business equipment, and business invent [..]
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Campus-based programs
The term commonly applied to those U.S. Department of Education federal student aid programs administered directly by institutions of postsecondary education. Campus-based programs include Federal Per [..]
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Central Processing System
The computer system to which the student's need analysis data is electronically transmitted by the FAFSA processor. The Central Processing System performs database matches, calculates the student [..]
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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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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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Expected Family Contribution
A measure of how much the student and his or her family can be expected to contribute to the cost of the student's education for the year; the EFC is calculated according to a formula specified i [..]
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