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Financial Glossary
 

Alternative Student Loans for College Financial Aid

 

I Financial Aid Glossary and related terms

I's

Income: Earnings that come from selling, bonuses, take-home pay, money which covers special expenses, money being paid to support children, rent payment's, occupational work, interest, specific pocket money, any Social Security, etc. are things that carry a sum of money to a person (Income).

Income Protection Allowance: Families with not so good qualities of living, with the fundamental principal of income and other expense foundations by the Bureau of Labor Statistics is a grant that is in opposition with revenue earnings that have to due with essential living expenses to maintain members of a family.

Indirect Costs: Charges, like transport and other various expenses, which are not burdened through college and that are associated with a students membership.

Ineligible Borrower: Possible or current debtor not meeting standards in favor of a Federal Stafford Loan, or a Federal PLUS Loan, if in the event of a parent borrower.

Institutional Loan: Loan features and suitability differs depending on establishment, particular to institutions of higher education, universities, and other postsecondary schools.
 

Go to Glossary, letter I-2.

 


 
 
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