The Feds
FAFSA is an acronym for this.
What is the Free Application for Federal Student Aid?
Four forms of financial aid.
What are Grants, Scholarships, Loans, Waivers, and Work Study
The amount of time a first-time federal loan borrower must wait for their loan to be disbursed.
What is 30 days after the start of the semester?
A postponement of a loan payment.
What is Deferment?
EKU's Official School Code.
What is 001963?
The Banner screen that shows a student's Application info, including Merit cohort.
What is SAAADMS?
The number of credits a student must be enrolled in to be considered full time financial aid eligible?
What is 12 semester credits?
These types of students must request contributor information on their FAFSA.
What are dependent students?
The type of federal direct loan for which the government pays the interest while the student is still in school.
What is a Subsidized loan?
The day after the last day to add classes each semester or term, when Finaid calculates student enrollment and aid eligibility.
What is the "Freeze Date"?
The difference between the cost of attending a college and a family's SAI.
What is Financial Need?
The code in RPAAWRD which indicates a Pell Grant.
What is 1000?
In addition to US Citizens, these students can receive Title IV aid.
What are eligible non-citizens?
The type of loan in which interest accrues while the student is in school.
What is Unsubsidized loan?
Four types of degrees that can be earned at EKU.
What are bachelors, Masters, Doctorate, Associate, and Professional (any combination)
A federal formula which determines how much money must be returned by a student who withdraws from classes during a semester in which they receive Federal aid.
What is R2T4?
This grant will revert to a loan if a student doesn't meet all the grant obligations.
What is the TEACH grant?
A form required for students enrolled concurrently at EKU and at another institution during the same term.
What is a Consortium Agreement?
A form required for students are seeking financial aid and who have had at least one student loan discharged.
What is the Discharged Loan Form?
Using a calculation of future financial aid, this process may help a student with a financial registration hold get registered for classes.
What is a Hold Release Agreement?
Financial Aid that exceeds a student's financial need and/or cost of attendance.
What is an Overaward?
The newly named scholarship that combines Trailblazer and Rodney Gross.
What is Maroon Madness?
The authority of a school's financial aid personnel to make adjustments to data elements on a student's FAFSA.
What is Professional Judgment?
$138,500.
What is the Graduate Aggregate limit for Federal Student Loans?
The measurement of students enrolled in college that return to that same college the following semester or academic year.
What is retention?