E's
Early Action: If admission is obtainable, this
college admissions program contains shorter notification and deadline dates
than the usual admissions process, and there is no obligatory commitment. A
student can still submit an application to another school when applying to
this program, but will not be aware of the type of financial aid that is
being offered to them before they commit to
College Loans
Educational Benefits: Students with bodily disabilities, formerly in
the military force or former veterans who have left behind children are most
of the time capable of obtaining funds (mainly federal). In spite of them
being able to show need, these benefits will help fund postsecondary
schooling.
Education Loans
: college funding that comes in the form of loans. Several types of loans
exist, such as the Federal Stafford Loans, Perkins Loan and
private education loans to name
a few.
Eligible Program: A student must be signed up in a qualified program
in order to obtain financial aid, and also the student must be taking place
in one or several federal aid programs with a certain amount of hours of
learning and for a specific length of time to receive a degree or
certificate in a school that takes part in this program.
Employment: A way for students, with reference to financial aid, to
help earn money to go towards their curriculum. One program is called
Federal Work-Study, which allows deprived students to pay off their
educational costs, by working.
Endowment: To help earn income, the funds owned by an institution are
invested, in order to help the institutions operations. Donations from many
establishments are kept for financial aid funds.
Enrollment Status: Signs determining if a student is considered to be
part or full-time. Most of the time, in order to receive financial aid, a
student must be taking some classes full-time and some classes part-time.
Entrance Counseling: Counseling is required at all students with
federal school loans, prior to receiving the students first loan payment,
where the student and the debtor will go over obligations, terms,
circumstances, and the debtor's rights. There are many ways to do these
meetings, like going on the internet, videos, or meeting personally, etc.
Extended Repayment Plan: Not able to go longer than 25 years, this
reimbursement plan extends the length in time of the loan, and also
decreases the amount being paid each month.
Go to Glossary, letter F.
.