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Financial Glossary
 

 Alternative Student Loans for College Education

 

Financial Aid Glossary and related terms

C's : C-2

Commuter Student: Any student who lives off campus, or with parents, not living on school grounds.

Consolidation Loan: One loan made to help borrowers combine multiple loans and make them into one separate loan with one reimbursement plan with one interest rate. For intentions of partnership Federal Stafford, Health Education Assistance Loans, Federal Perkins, and Direct Subsidized and Direct Unsubsidized are for deprived students can be united.

Cooperative Education: Curriculum in which college students may switch times of their classroom education and also have different times of work outside of campus that are related to their education.

Cost of Attendance (COA): Combined with sum of supplies, tuition, normally charged fees to the student, transport and traveling expenses, school books and other assets, and space and board along with individual random costs, will be included. When appropriate, expenses having to do with disability may be counted in, along with student loan dues and dependant care, etc. Note,  quick student loans usually sought after ver late are private, credit based college loans.

Credit Report: Credit reports are used by lenders to decide if a person should qualify for a loan, it contains how they person manages their money and personal loan history.

Custodial Parent: Separated or divorced, this parent keeps the dependent and his/her financial info when needed for inquiry
 

Go to Glossary, letter D.
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