财政援助词汇表

出勤费用(COA)

The estimated cost of attending PG电子APP for the semesters in which you will be enrolled during an academic year and the COA budget is used to determine your financial aid eligibility. The 出勤费用 amount includes the following:

  • Estimated tuition and fees charges
    学费 – Charges assessed for classes
    费用 – Charges assessed for other college services
  • Estimated 书籍及用品
  • Room and board for students – allowance for housing, utilities and food.
  • 杂项费用 – allowance for personal care and other costs associated with attending college
  • Estimated 运输 costs
  • Estimated Student Loan 费用

直接成本

Expenses the student/family pays to the College, 比如学费, fees and on-campus housing (if applicable).


教育贷款

A form of financial aid that must be repaid with interest. 教育al 贷款 have varying interest rates and repayment terms. Students and/or parents are required to sign a promissory note when accepting an educational loan.

学生贷款: Funds awarded to the student that must eventually be paid back to the lender by the student.

  • Federal Direct 学生贷款: Loan funds provided to the student by the U.S. Department of 教育, through the College. Repayment of principal begins six months after the borrower ceases to be a student on at least a half-time basis. The Free Application for Federal Student Aid (FAFSA) is the annual application. There are two types of Federal Direct Student Loans: subsidized and unsubsidized. Students with financial need can qualify for a subsidized loan, and the government pays the interest on the loan while the student remains enrolled at least half time. Students who don't demonstrate financial need qualify for an unsubsidized loan and interest accrues while the student is in school.
  • 联邦毕业生PLUS贷款: Loan funds provided to graduate students by the U.S. Department of 教育, through the College. This federal loan program allows graduate students with no adverse credit history to apply for up to their 出勤费用 each year, 减少任何经济援助. 要符合资格, the student must be enrolled at least half time in an eligible program of study and first borrow the maximum allowable through the Federal Direct Student Loan program. Repayment of principal and interest begins 30 to 60 days after the loan is fully disbursed with deferment and forbearance options available.
  • Private (Alternative) Loan: 一笔商业贷款, state-affiliated or institutional lender used to pay for up to the annual cost of education, 减少任何经济援助 received. Private 贷款 usually require the applicant to be creditworthy or have a co-signer and have varying interest rates, 费用及还款选择. Repayment of interest (and often principal) generally begins immediately, with some lenders offering deferment options for in-school periods.

Federal Parent Loan (PLUS): A federal loan program that allows parents who have no adverse credit history to apply for up to the 出勤费用 each year, 减少任何经济援助. PLUS 贷款 must be repaid with interest.


注册状态

Academic workload (or course load), that a student is carrying for a defined academic period. This relates to the number of credit hours taken by a student during a semester (academic period). 要符合资格 for most types of financial aid, a student must be enrolled at least half-time (6 credit hours for Undergraduate students or 3 credit hours for Graduate students). PG电子APP enrollment status levels:

  • Undergraduate Full-time status = at least 12 credit hours per semester
  • Graduate Full-time status = at least 6 credit hours per semester
  • Undergraduate Three-quarter time status = at least 9-11 credit hours per semester
  • Graduate Three-quarter time status = not applicable
  • Undergraduate Half-time status = at least 6-8 credit hours per semester
  • Graduate Half-time status = at least 3-5 credit hours per semeste

Expected Family Contribution (EFC)

A number used by the College to calculate how much financial aid the student is eligible to receive, 如果有任何. This number is based on the financial information provided in the student’s Free Application for Federal Student Aid (FAFSA). This is not the amount of money the family will have to pay to the College, nor is it the amount of federal student aid awarded to the student.


联邦佩尔助学金

A grant provided by the federal government to qualified undergraduate students who demonstrate exceptional financial need and have an Expected Family Contribution below a threshold designated annually by the U.S. Department of 教育, based on the amount of program funds appropriated by Congress.


Federal Supplemental 教育al Opportunity 格兰特 (FSEOG)

A grant provided by the federal government to qualified undergraduate students who demonstrate exceptional financial need. Priority is given to Pell 格兰特 recipients and funds must be awarded by the school in lowest EFC order.


联邦勤工俭学(FW-S)

A program that provides part-time on-campus employment opportunities to eligible students attending PG电子APP who need the earnings to help meet their costs of postsecondary education.


礼物的援助

Funds awarded to the student that do not have to be repaid, unless the student fails to meet certain terms, such as a service requirement or grade point average, specified as a condition of the grant. Gift aid includes awards with titles such as grants, scholarships, remissions, waivers, etc. Gift aid can be awarded based upon many factors, including (but not limited to) financial need, 学术, affiliation with various groups, 或者职业抱负.


格兰特

Gift aid awarded to the student that does not need to be repaid. 格兰特s are typically based on financial need.


间接成本

Expenses incurred as a result of attendance that the student/family may pay to a third party other than the College.  Such expenses may include (but are not limited to) rent/housing, 书籍及用品, 运输, student loan fees and miscellaneous costs.


净成本

Amount of direct and indirect costs remaining after all gift aid (scholarship and grant) is subtracted.


自付费用

Difference between the cost of attendance and all gift aid. Out-of-pocket cost can be covered through a variety of sources, 包括:储蓄, 收入和学生贷款.


奖学金

Gift aid awarded to the student that does not need to be repaid. 奖学金 awards are typically based on merit 或者两者的组合 of merit and need, such as 学术, affiliation with various groups, 或者职业抱负.


自助

Financial aid in the form of 贷款 or student employment. Loans are used to help pay the remaining net costs after gift aid is deducted. Student employment earnings (including Federal Work-Study awards) are generally not deducted from billed costs but can be used to help cover indirect costs and are paid in the form of wages to the student.


验证

Process to confirm the accuracy of data provided by the applicant on the FAFSA. In order to complete the verification process, students are required to provide certain documents to PG电子APP for review.