Financial Aid Vocabulary

a person who manages the financial affairs of a college or university

eligibility for this type of financial aid is based on calculations for COA and EFC

financial aid offered in recognition of student achievements (e.g. academic, athletic, artistic, etc.)

money owed

part-time jobs for students with financial need, allowing them to earn money to help pay education expenses

spread out college fees into installments so you can pay over time instead of making one lump sum payment

type of admission procedure where an institution does not consider an applicant's financial situation when deciding admission

type of financial aid that gives a bulk of the funds at the beginning

funds for college expenses that students do not have to repay, and are available both from the government and private entities - tend to be based on merit

funds for college expenses that students do not have to repay, and are available both from the government and private entities - tend to be based on need