This form also is used by many states and colleges to determine student's aid eligibility. Temporary adjustment to a loan repayment schedule for cases of financial hardship. A certificate students receive if they have passed a specific approved high school equivalency test. Student enrolled in an academic program above baccalaureate level. Financial aid awards that do not have to be repaid.
Grants are available through the federal government, state agencies and colleges.
An institution that currently owns education loans. A fee charged by guarantee agencies, which is deducted from loan proceeds and used to insure against defaulted loans. An amount, calculated as a percent of the principal loan amount, that is charged for borrowed money. An institution that provides money for loans. Most lenders are financial institutions, but some are state agencies, and colleges make loans, too.