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ED: See Department of Education, U.S.
Educational Benefits: Funds, primarily federal,
awarded to certain categories of students (veterans, children of deceased
veterans or other deceased wage earners, and students with physical
disabilities) to help finance their postsecondary education regardless of their
ability to demonstrate need in the traditional sense.
Educational Expenses: See Cost of Attendance.
EFC: See Expected Family Contribution.
Eligibility Criteria: The specific conditions that
a student must meet to qualify for financial assistance. In addition to
demonstrating need for most programs, general eligibility criteria for federal
student aid include, among other things, citizenship status and selective
service registration. Individual programs may carry other specific eligibility
requirements in addition to the general eligibility criteria. Many eligibility
criteria, such as citizenship, are checked via automated matches of FAFSA
information and that contained on other federal databases.
Eligible Institution: An institution of higher
education, vocational school, postsecondary vocational institution, or
proprietary institution of higher education that meets all criteria for
participation in the federal student aid programs.
Eligible Non-Citizen: Person who, although not a
U.S. citizen, qualifies for federal student aid in one of the following
eligible categories: 1) U.S. Permanent resident who has an Alien Registration
Receipt Card (Form I-151, I-551, usually referred to as green cards) or other
evidence of admission for permanent residence; 2) Conditional permanent
resident (I-151C); 3) Person designated as lawfully present in U.S. for other
than a temporary purpose who has an Arrival-Departure Record (Form I-94) from
INS stamped as refugee, granted asylum, indefinite parolee and/or humanitarian
parolee, or Cuban-Haitian entrant; 5) Permanent residents of the Republic of
Palau or citizens of the Republic of the Marshall Islands and the Federated
States of Micronesia. Non-citizens who are not eligible for federal student aid
include holders of Student Visas, Exchange Visitors Visas, G-Series Visas, or
those who have only a Notice of Approval to Apply for Permanent Residence.
Eligible Program: A program of education or
training that leads to a degree or a certificate at a school participating in
one or more federal student aid programs. A student must be enrolled in an
eligible program at an eligible school to receive federal student assistance.
Employment: With reference to financial aid, the
opportunity for students to earn money to help pay for their education. Federal
Work-Study is one program by which needy students can work to defray their
educational expenses. In addition to Federal Work/Study, most colleges provide
other on-campus forms of employment and maintain listings of off-campus
employment opportunities as well.
Endowment: Funds obtained and owned by the
postsecondary institution that are invested so that the income from the
investment can be used for various purposes such as construction, research, and
financial aid.
Enrolled: The completion of registration
requirements (other than the payment of tuition and fees) at the institution
the student is or will be attending; a correspondence school student must be
accepted for admission and complete and submit one lesson to be considered
enrolled.
Enrollment Status: At those institutions using
semesters, trimesters, quarters, or other academic terms and measuring progress
by credit hours, enrollment status equals a students credit hour workload
categorized as either full-time, three-quarter-time, half-time, or
less-than-half-time.
Entitlement Program: Program that is funded
sufficiently to ensure that all eligible applicants are guaranteed to receive
maximum authorized awards. As long as the student applicant meets all the eligibility
requirements and is enrolled in an eligible program at an eligible institution,
he or she will receive the award for which eligibility has been established.
Expected Family Contribution (EFC): The amount a
student and his or her family are expected to pay toward the students cost of
attendance as calculated from information on the FAFSA by a Congressionally
mandated formula known as Federal Methodology. The EFC is subtracted from the
Cost of Attendance (COA) to determine need. Need is used to determine a
students eligibility for the student financial assistance programs.
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