This Glossary provides definitions of common terms and provides overviews of many of the programs referenced in this website. You may also Download our Glossary. The download provides a full copy of the entire glossary listings.
There are currently 8 names in this directory beginning with the letter N.
National Student Loan Data System
The U.S. Department of Education’s central database for student financial aid. It contains student-level data received from schools, the Direct Loan Program, the Pell Grant Program, and other ED programs and offices. NSLDS provides a centralized, integrated view of federal student aid loans and Pell grants and tracks them through their entire cycle. Located on the web at nslds.ed.gov.
A set of financial criteria and standards, established by the U.S. Department of Education and approved by Congress, that is used to determine a student’s financial need for need-based programs.
This aid is based on financial need as determined by the FAFSA or individual institution. Need-based aid typically does not need to be repaid.
Section 492 of the Higher Education Act (HEA) requires that, before publishing any proposed regulations to implement programs under Title IV of the HEA, the U.S. Department of Education obtain public involvement in the development of those proposed regulations. Negotiated Rulemaking is the process the Department of Education uses to obtain input from organizations and groups that represent the interests significantly affected by the proposed regulations.
Calculated by taking the “sticker price” for tuition, room and board and other fees, and subtracting any scholarships and grants the student is receiving.
Student whose permanent residence is in a different state than that of the college or university which they attend or hope to attend. Out-of-state students generally pay higher tuition than in-state students. Sometimes called an Out-of-State Student.