AWARD LETTER - letter of qualified financial aid, EXPECTEDFAMILYCONTR - of family contribution towards college education, FASFA - free application for federal student aid, FSA - federal student aid , FINANCIAL NEED - the amount of student's cost of attendance that is left after expected family contribution, GRANTS - free money; federally provided, LOANS - loans taken out for education, ROOM AND BOARD - cost of food and dormitory, SCHOLARSHIPS - award for academic achievements; free money towards school, TUITION - cost of education; excluding room and board, TUITIONREIMBURSEMENT - tuition assistance, WORK-STUDY - part time employment to contribute towards finance of post secondary education,
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12 College Financial Aid Terms Defined
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