|College Bound Advising: Terms
American College Test: used by many schools instead of or in addition to SAT I. Includes sections on English, Math, Reading, Science Reasoning, and Writing.
Advanced Placement: courses taken in high school that may qualify for college credit.
Letter from college spelling out its financial aid offer, including loans, grants, scholarships, and work study.
A measure of a student’s academic performance, relative to his/her high school class.
Administers to SAT, CSS Profile, AP Program
Application that is the same for over 200 schools that often require a school specific supplement as well
Cost of Attendance (COA)
Tuition, fees, room and board, books and supplied, transportation, miscellaneous expenses. Used in determining financial aid
College Scholarship Services Profile. Application for financial aid that is required by many private colleges and processed by College Board.
After being admitted, a student defers enrollment temporarily without needing to reapply. Policies differ- some colleges allow deferral for a semester, some for a year. Approval is at the discretion of the Dean of Admissions.
A student whose parents’ financial status is evaluated in determining the student’s level of need based aid. The FAFSA website lists questions used to determine dependency for federal financial aid purposes.
Also called the Federal Ford Direct Loan Program. Funding comes directly from the Program federal government rather than from private lenders.
Early Action (EA)
Students apply early, typically in November and receive a decision in December. The decision is non-binding; students may apply to toehr schools and do not need to notify the EA school until May.
Early Decisions (ED)
Students apply to only one school (their first choice) in November and receive a decision in December. The deadlines and decisions may be later for some schools. The decision is binding”: students agree to enroll if accepted, assuming the school offers and adequate financial aid package. Upon acceptance, students must send in a non-refundable deposit, and withdraw applications for any other schools.
Expected Family Contribution (EFC)
A measure of a family’s financial strength based on their FAFSA
Free Application for Federal Student Aid- the application used by the government and by a majority of schools in making financial aid decisions (including loans)
Federal Work Study
A federally funded program that enables students to work party-time while in college
Financial aid that does not have to be repaid
High School Code
A six-digit number assigned to every high school, that students use when registering for standardized tests and required on many college applications
Schools that have limited financial aid resources, and thus consider need when making admissions decisions
Schools that make admissions decisions without considering the finances of applicants and offer some financial aid to an admitted student with demonstrated need
Federal grant awarded based on need
Need-based Federal loan program
Pre-ACT taken in the fall of sophomore year. The test measures current academic development, helps students explore career/training options, and is good practice
Parent Loan for Undergraduate Students. Federal loan for parents of dependent undergraduate children, without regard to need.
Preliminary Scholastic Aptitude Test/National Merit Scholarship Qualifying Test. Taken in the fall of sophomore and junior years, a practice for the SAT. The junior year test is used to determine National Merit Scholars.
Students are informed of the schools’ decision as soon as possible after the application is complete. There are no fixed application deadlines.
Student Aid Report. A summary of FAFSA information including the EFC.
Student Intent to Register form that is sent by admitted students to their chosen college with a tuition deposit to secure their place.
Secondary School Report, which some colleges require from high schools.
Federal loan program, subsidized Stafford loans are need-based, but any student may qualify for an unsubsidized Stafford loan.
Computation of GPA on a 4.0 scale without accounting for Honors and AP courses.
Adds credit on for Honors, AP