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Wells Fargo® Student Loan
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Sallie Mae® Student Loans
Find the Right Student Loan To Help You Pay For School.
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Private Student Loans
Private Student Loans that cover up to 100% of college expenses. Apply.
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Student Loan College Dictionary and Glossary Terms

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A B C D E F G H I J L M
N O P Q R S T U V W Y #
AAS, Associate Of Applied Science
An AAS degree means "Associate Of Applied Science" degree. This college degree is generally obtained at most two year colleges.
 
Academic Adviser
This is a senior faculty member in your area of concentration who is assigned to advise you on course selections and requirements. Before you declare your major, you will be assigned a temporary faculty adviser.
 
Academic Subjects
Courses such as English, science, history, social studies, mathematics, or foreign language. Courses such as music, tech arts, student aide, farm studies, business, keyboarding, and driver education usually are not academic courses.
 
Academic Year
The period of time during which school is open, usually the period period between Sometime in August until May or June.
 
Accelerated Study
This program allows you to graduate in less time than is usually required. For instance, by taking summer terms and extra courses during the academic year, you could finish a bachelor�s degree in three years instead of four.
 
Accredited
Recognized by an accrediting agency as meeting certain standards or requirements. Accreditation can be for the school as a whole or just specific programs.
 
ACT Test
Standardized test created by American College Testing. The ACT measures your aptitude in English, mathematics, reading, and science reasoning. Many colleges require students to take this test then submit their scores when they apply for admission. Most students take the ACT or the SAT (below) during their junior or senior year of high school.
 
Admissions Decisions
Admit � You�re in! You are being offered admissions to the college to which you applied. Your high school will receive notification, too.

Admit/deny � You have been admitted but denied any financial aid. It is up to you to figure out how you are going to pay for school.

Deny � You are not in. The decision is made by the college or university admissions committee and is forwarded to you and your high school.

Wait list � You are not in yet but have been placed on a waiting list in case and opening becomes available. Schools rank their wait list in order of priority, and unfortunately, the more competitive schools have years when they never draw from their wait lists. After a certain time, a rejection notice is sent.
 
Advanced Placement (AP) Courses
High-level, quality courses in any of twenty subjects. The program is administered through the College Board to offer high school course descriptions equated to college courses and correlated to AP examinations in those subjects. High schools provide the courses as part of their curriculum to eligible students. Based on the composite score on an AP test, which ranges from 0 to 5, a college may award college credit or advanced placement to a participating student. A score of a 4 or 5 on the AP test is usually required by colleges for credit or advanced placement in college courses. A 3 is sometimes acceptable in foreign languages and some other subject areas. Some colleges limit the number of AP credits that they will recognize. Check schools� policies on AP credits.
 
Alternative Assessment
This method personalizes the admissions process and offers students an opportunity to be viewed more individually and holistically. Less emphasis is placed on standardized test scores and more on the interview, portfolio, recommendations, and essay.
 
Alternative Loans
Also referred to as Private LoansEducational loan programs established by private lenders to supplement the student and parent education loan programs available from federal and state governments.
 
American College Testing (ACT) Program Assessment
An alternative to the SAT, this test has gained wide acceptance by a broad range of institutions in recent years and is given during the school year at test centers. The ACT tests English, mathematics, reading, and science reasoning. These subject test scores can be used in lieu of SAT II subject tests, which are required for admission to some of the more competitive colleges. The score is the average of all four tests; the maximum score is 36.
Associate Degree
A degree granted by a college or university after the satisfactory completion of a two-year full-time program of study or its part-time equivalent. Types of degrees include the Associate of Arts (A.A.) or Associate of Science (A.S.), usually granted after the equivalent of the first two years of a four-year college curriculum, and the Associate in Applied Science (A.A.S.), awarded upon completion of a technical or vocational program of study.
 
Audit
To take a course for non-credit purposes. Audit students do not take tests or write papers or receive a grade.
 
Award Letter
A notice from a financial aid office to a financial aid applicant that specifies the financial aid programs and dollar amount of a each financial aid award.
 
Award Year
The academic year for which financial aid is requested (or received).
 
Award Package
This is the way colleges and universities deliver their news about student eligibility for financial aid or grants. The most common packages include Pell Grants, Stafford Loans, and Work Study.
 

 

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