SFS logo
MTC Home : SFS Home : Acronyms & Abbreviations

Financial Aid Acronyms and Abbreviations
 

AY
(Academic Year)
At MTC Academic Year consists of the Fall and Spring terms
ARF Aid Request Form (distributed for Summer Term only)

EDE

Electronic Data Exchange (the transmission of FAFSA results to the school from the processor)

EFC

Expected Family Contribution as calculated by the federal need analysis formula

FAFSA

Free Application for Federal Student Aid

FAT

Financial Aid Transcript

FFELP

Federal Family Educational Loan Programs (Federal Stafford and PLUS Loans)

FSEOG

Federal Supplemental Educational Opportunity Grant

FWS

Federal Work-Study

Hard Copy

Paper loan application (not electronic)

ISIR

Institutional Student Information Report (similar to Student Aid Report or SAR)

MPN

Master Promissory Note which must be signed by borrower

SAR

Student Aid Report (need analysis results from the FAFSA)

SUB

Subsidized Stafford Loan (interest does not accrue until after graduation or leaving school)

UNSUB

Unsubsidized Stafford Loan (interest accrues for the life of the loan)

SAP

Satisfactory Academic Progress

© 2008 Midlands Technical College
Accessibility -  Copyright Information -  Statement of Non-Discrimination