C's

Cancellation (Discharge) of a Federal Loan: The outcome that lets the debtor free of any college loans compensation, only when the debtor has met certain requirements. The end result of cancellation, including interest and principal, to the federal government to be paid off. For more info, the correct loan agency needs to be contacted, because cancellation is not automatic.

Candidates Reply Date Agreement (CRDA): The intention of this agreement is to give students an opportunity, before making an obligation or pledge to any college, to hear from each one they have applied for before making a decision. Students whose college is subscribing to this College Board-sponsored agreement, if offered admission as freshman, to inform them of any financial aid decision before May first, the year the candidate submits an application.

Certificate: Completing a specific course of study or program, most of the time from a junior college, vocational school, or trade school, will result in earning this formal acknowledgement of a successful completion.

Collection Agency: Irresponsible or negligent loan accounts are turned over to this business organization , who strive to receive money on those accounts. Charges will render for service.

College Credit Education Loans: The College Scholarship Service of the College Board, sponsors a variety of confidential and government loans. In thirty one states and in the District of Columbia, Federal PLUS Loans, personally sponsored Student Education and Private Parent Loans, and also Federal Stafford Loans, are obtainable.

College Scholarships: Scholarship programs, monies offered to students with certain skills and abilities, as ell as needs.

Go to Glossary, letter C2.
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