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Undergraduate Student: A student who has not achieved the level of a baccalaureate or first professional degree.

Unmet Need: The difference between a students total cost attendance at a specific institution and the students total available resources.

Untaxed Income: All income received that is not reported to the Internal Revenue Service or is reported but excluded from taxation. Such income would include, but not be limited to, any untaxed portion of Social Security benefits, Earned Income Credit, welfare payments, untaxed capital gains, interest on tax-free bonds, dividend exclusion, and military and other subsistence and quarters allowances.