Financial Aid Glossary

A period of time schools use to measure a quantity of study. FAU’s 2020-2021 aid year consists of Fall 2020, Spring 2021, and Summer 2021. You must complete a new FAFSA once per aid year.

The APR is the annual cost of your loan; it includes interest and the effect of any fees and charges. APRs will differ depending on the terms of your loan and the mount of your loan. 当你比较年利率时，一定要比较贷款金额，这样你才能得到一个真实的比较. If the rate is variable, the APR may change during the life of the loan.

A person who obtains a loan and who is responsible to repay it.

Every student has a budget, which is a “ceiling” or a cap on the total amount of aid (loans, grants, scholarships, tuition waivers) that you may receive during one academic year. Your budget is determined by many factors, including your residency and enrollment status. 任何经济援助都是根据KU体育预算而定的——如果有必要，援助可能会减少，以使KU体育预算保持在KU体育预算之内.

The total amount it will cost a student to go to school—usually expressed as a yearly figure. It’s determined using rules established by law. The COA includes tuition and fees; on-campus room and board (or a housing and food allowance for off-campus students); and allowances for books, supplies, transportation, loan fees, and, if applicable, dependent care; costs related to a disability; and miscellaneous expenses, including an allowance for the rental or purchase of a personal computer. Also included are reasonable costs for eligible study-abroad programs. For students attending less than half time,* the COA includes only tuition and fees and an allowance for books, supplies, transportation, and dependent- care expenses.

Failure to repay a loan according to the terms agreed to when you signed a promissory note. In many cases, default can be avoided by submitting a request for a deferment, forbearance, 或取消，并在到达违约点之前提供所需的文档. The consequences of default are severe. Your school, the lender or agency that holds your loan, the state, and the federal government may all take action to recover the money, including notifying national credit bureaus of your default. This affects your credit rating for a long time. 例如，你可能会发现很难从银行借钱买车或买房. In addition, the U.S. Department of Education might ask the Internal Revenue Service to withhold your U.S. individual income tax refund and apply it to the amount you owe, or the agency holding your loan might ask your employer to deduct payments from your paycheck. Also, you’re liable for expenses incurred in collecting the loan. 如果你决定回到学校，你就没有资格再获得任何联邦学生资助. Legal action might also be taken against you.

A postponement of loan payments.

A course of study that leads to a degree (Bachelor’s, Master’s, Ph.D) and meets the U.S. Department of Education’s requirements for an eligible program. To get federal financial aid, you must be admitted in an eligible program. Non-degree seeking students are not eligible for financial aid.

这种针对本科生的联邦贷款是免息的，只要你注册了至少6个学分. 当你毕业或入学时间低于一半时，它将开始以固定利率积累利息. Repayment begins 6 months after you graduate or drop below half time enrollment. For more information, go to studentloans.gov. To apply, go to FAFSA.gov.

这种类型的联邦贷款(针对本科生和毕业生)在支付后立即开始积累利息. Repayment begins 6 months after you graduate or drop below half-time enrollment. The interest rate is fixed and depends on the date of disbursement - for more information, visit studentloans.gov. To apply, go to FAFSA.gov.

Disbursement occurs when your financial aid is applied towards your balance at FAU. This typically happens during the third week of classes, and any leftover funds will be issued to the student as a refund. If you still owe money after your financial aid disburses, the Controller’s Office will issue you a statement.

Every student is classified as either “dependent” or “independent”. 抚养状态决定了你是否需要在KU体育FAFSA上报告父母的收入信息. 只有当你年满24岁或成为研究生时，你才被认为是“独立的”, married, a veteran, an orphan, or meet other exceptional circumstances. 

如果你不符合独立学生的标准，但觉得你有特殊情况，可能需要特别考虑(1).e. parents are incarcerated or abusive), 请联系您的财务援助顾问，以确定您是否有资格获得依赖覆盖. KU体育辅导员会要求你提供重新考虑KU体育抚养状态的文件.

这是一个由FAFSA计算的数字，用来确定你是否有资格获得经济援助(助学金和贷款)。. KU体育EFC是基于一个复杂的公式，它考虑了几个因素(包括收入和资产)。.

You must be one of the following to receive federal student aid:

• U.S. citizen
• U.S. national (includes natives of American Samoa or Swain’s Island)
• U.S. permanent resident who has an I-151, I-551, or I-551C (Alien Registration Receipt Card)

If you’re not in one of these categories, you must have an Arrival-Departure Record (I-94) from the U.S. 移民归化局(INS)证明下列指定之一，才符合资格:

• "Refugee”
• “Asylum Granted”
• “Indefinite Parole” and/or “Humanitarian Parole”
• “Cuban-Haitian Entrant, Status Pending”
• “Conditional Entrant” (valid only if issued before April 1, 1980)

If you have only a Notice of Approval to Apply for Permanent Residence (I-171 or I-464), you aren’t eligible for federal student aid.

If you’re in the United States on an F1 or F2 student visa only, or on a J1 or J2 exchange visitor visa only, you’re not eligible for federal student aid. 此外，持有G系列签证(与国际组织有关)的人也不符合资格.

NOTE:  美国公民和符合条件的非美国公民可以从参与该项目的外国学校获得贷款.

Citizens of the Federated States of Micronesia, the Republic of the Marshall Islands, and the Republic of Palau are eligible only for Federal Pell Grants, FSEOGs, or Federal Work-Study. These applicants should check with their schools’ financial aid offices for more information.

The designation of a student as being enrolled full-time, half-time or less than half-time by the institution, which can affect a student's eligibility for financial aid.

If you accept a federal Direct Loan, you must complete Entrance Counseling at studentloans.gov before your loan can disburse. This is an informative tutorial that will explain to you the details of your loan, such as interest rates and repayment options.

If you graduate or drop below half time enrollment, you will be asked to complete Exit Counseling at studentloans.gov to give you information on how and when you will be asked to begin loan repayment. Do not worry if you complete Exit Counseling but do not graduate, or if you later resume half time enrollment - your deferment on your loans will resume.

The FAFSA is your “Free Application for Federal Student Aid.” To complete your FAFSA, simply go to FAFSA.gov and get started. 请记住:它是完全免费的，你不需要支付任何类型的费用或填写额外的申请来申请经济援助.

美国国会通过了《KU体育》(FERPA)，以保护学生的教育记录, including financial aid information. The FERPA applies to the student as soon as he or she is admitted to FAU, regardless of age. By submitting a FERPA form to the Registrar’s office, the student gives FAU permission to release information to the parent.

Funds offered to assist you with completing your degree - loans, grants, and scholarships. 经济援助可用于学费、书本费、住宿费、膳食计划和相关的教育费用.

The difference between a student's total cost of attendance (COA), 预期的家庭贡献(EFC)和学生将从外部来源获得的任何学生经济援助.  学生必须证明有经济需求才有资格获得基于需求的经济援助计划.

Permission to postpone or reduce payments.

The organization that administers the FFEL Program in your state. This agency is the best source of information on FFELs. To find out the name, address, and telephone number of the agency serving your state, you can contact the Federal Student Aid Information Center. A directory of guaranty agencies is available on the Department of Education’s Web site at www.ed.gov/Programs/bastmp/SGA.htm.

A grant is free funding for your education. Your FAFSA determines whether or not you are grant eligible - go to FAFSA.gov to apply. Grants may come from the federal government (Pell grant), state (FSAG), or the institution (FAU grant).  Unlike a loan, a grant does not have to be repaid - however, grant funding may need to be repaid if classes are dropped.

You must be attending school at least half time to be eligible for financial aid, including a Direct Loan. For undergraduates, half time is 6 credit hours per semester (including summer). For graduate students, 半学时为每学期5学时(研究生暑期半学时为每学期3学时).

The institution where you are degree-seeking.  If eligible for financial aid, your financial aid will be disbursed from the Home School (Florida Atlantic University).  Students can not receive Federal Title IV aid from two schools within the same semester.

The institution where you are completing transient enrollment

Need based programs (Pell Grant, Subsidized Loans) have a lifetime limit per student. For example, 一个学生不能获得超过600%的佩尔助学金，这通常意味着如果一个学生在6年的全日制学习后没有完成学士学位，他将耗尽他的佩尔助学金.

高等教育机构批准学生贷款以支付教育费用的学生入学期间.

The binding legal document you sign (at studentloans.gov) when you get a student loan. 它列出了你借款的条件以及你同意偿还贷款的条款. 它将包括如何计算利息以及延期和取消规定的信息. 阅读并保存这份文件非常重要，因为当你开始偿还贷款时，你需要参考它.

Visit NSLDS.ed.gov to view a breakdown of your federal student loans, including contact information for your loan servicers. NSLDS will also provide your Pell grant history.

To request additional funding, parents of dependent students may apply for a Parent PLUS loan at studentloans.gov. This is a credit based loan which will be in the parent’s name if approved. If the parent is denied the PLUS loan based on their credit, the student may be eligible for additional Direct Unsubsidized loan funding by submitting a Direct Loan Revision Request Form.

Your financial aid offer is based on tax information from two years prior. 如果你觉得你目前的财务状况没有反映在当年的纳税申报单上, 请联系您的财务援助顾问，以确定您是否有资格获得专业判断. Examples of circumstances which may warrant a Professional Judgement are: job loss, death of parent or spouse, high medical bills.

An adjustment to your financial aid based on the number of credit hours you are taking. For example, 佩尔助学金总是根据KU体育学时数(12个学分获得100%佩尔)按比例分配, 9-11 credits to receive 75% Pell, 6-8 credits to receive 50% Pell).

To be eligible to receive student aid, you must maintain Satisfactory Academic Progress toward your degree. Generally, this means that you must maintain a 2.0 GPA (3.0 for graduate students), complete at least 67% of the credits which you attempt, and not exceed 180 attempted credit hours.  Click here for more information about SAP policies.

Registration If required by law, you must register, or arrange to register, with the Selective Service to receive federal student aid. The requirement to register applies to males who were born on or after January 1, 1960, are at least 18 years old, and are not currently on active duty in the U.S. Armed Forces. (Citizens of the Federated States of Micronesia, the Republic of the Marshall Islands, or the Republic of Palau are exempt from registering.)

If you are selected for verification, 这意味着教育部要求我们核实你是否有资格获得经济援助. We will e-mail you if verification documents are needed. All missing requirements must be satisfied before we can determine your award. To view your missing requirements, sign into your MYFAU 帐户，点击“FAU自助服务”，查看您在适用援助年度的经济援助状况.

联邦工作学习是一个项目，联邦政府向学校提供资金，分配给学生，使他们能够在校园里工作. The funds do not go towards tuition and fees. The funds come in a form of a paycheck for the job that the student is hired for. Students work up to the amount that is awarded to them.