Student Loans
Undergraduate Loans
Graduate Loans
Law & Medical School Loans
Parent Loans
Consolidate  Student Loans
Private Lenders
The FAFSA
Student Resources
Student Grants
Private Loans
Loans
Alternative Loan


Financial Glossary
 

 Alternative Student Loans for College Education

 

Financial Aid Glossary and related terms

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.
.


 
 
Copyright 2008, Private student loans for college education and financial aid. All Private student loans and other college lenders and resources are approved before listing. Visit our New pages for: Alternative | Glossary | Finance Articles |  Loan Info for College and University students.

 

 



Click above to visit the Chase Private Student Loans website.

http://www.student-loans.net/loans/glossary-e.htm