L's

Leave of Absence: Excluding spring and semester break(s), a disruption in membership, which is asked for by student by which the school authorizes. Students cannot miss more than sixty days and are only permitted one a year.
Lifetime Learning Credit: Obtainable income tax recognition to anyone paying taxes who are providing money for a student's curriculum. Depending on student's payment expenses and schooling not including untaxed learning aid, or any kind of grants awarded. With a existing maximum of one thousand dollars, it is obtainable for any rank of schooling.
Loan: A type of financial assistance that is obtainable by students and their parents. Reimbursement of school loans are a must, but it certain circumstances students do not start paying expenses before completion of school, upon which a written agreement to pay money back is signed by the loan receiver.
Loan Balance: A particular loan balance that has not yet been paid, which contains random charges, late fees, increased interest, unresolved principals, as well as fees on checks that have been sent back, etc.
Loan Repayment Program: Accessible by college student's whose schooling was federally-funded and students who later for a minimum of 3 years sign up for a job with the army, are able to qualify for this unique program.

Go to Glossary, letter M.