The borrower signs a promissory note, which serves as the formal promise to repay the loan. The school office responsible for an institution's financial accounting, including Title IV aid program activity. The office disburses financial aid award payments to students and student accounts and processes loan checks. At various schools, it is sometimes referred to as the fiscal office, finance office, comptroller's office, bursar's office, treasurer's office, or student accounts office. Scholarship A Title IV financial aid program that makes scholarships available to full-time postsecondary students with exceptional academic ability and promise.
Students apply for the merit-based scholarships through their state education agencies.
The program was created in 1984 and named to honor Senator Robert C. Byrd. C Campus Based Aid Financial aid programs administered by the university. The federal government provides the university with a fixed annual allocation, which is awarded by the financial aid administrator to deserving students. This occurs when a borrower meets specific requirements that permit nullifying the borrower's obligation to repay all or a designated portion of principal and interest on a student loan. Capitalized The interest is added to the principal amount of your loan and additional interest will be based upon the higher amount.