Satisfactory Academic Progress:
An eligibility requirement to continue to receive federal
student aid that is based on academic standards. A student
must make progress toward his/her degree objective, and achieve
passing grades. Detailed information on these standards appears
in the University Bulletin, and Internet sites of most colleges.
Scholarships:
Generally based on academic achievement, this form of financial
aid also helps meet the student's cost of education. Repayment
is not required if academic obligations are met. Scholarships
may be awarded based on any number of criteria, such as academics,
talent or skills.
Selective Service:
Male students who are U.S. citizens, have reached the age
of 18, and were born after December 31, 1959, must be registered
with the Selective Service (draft) to be eligible for federal
financial aid.
Semester:
A period of time in which the educational program takes place
- generally two semesters that are 14 weeks in length, make
up the academic year.
SEOG:
See Federal SEOG
SSN:
Social Security Number
Statement of Educational Purpose:
This is a legal document in which the student agrees to use
the financial aid for educational expenses only.
Student Aid Report (SAR):
A federal output document, a SAR, is sent to a student by
the federal processor as a result of the FAFSA or Renewal
FAFSA. The SAR contains financial and other information reported
by the student and contains an Expected Family Contribution
(EFC)
Student Contribution:
The Student Contribution (SC) is the amount of money the federal
government expects the student to contribute to his or her
education and is included as part of the Expected Family Contribution
(EFC).
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