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Help - Glossary


The following glossary listing contains definitions/descriptions of terms that are related to Federal student aid Title IV programs and/or acronyms..

The terms are listed according to alphabetical order. You can select the All link to view a listing of all of the glossary terms, or you may select the letter equal to the first letter of the term.

Glossary

  • Unearned Aid

    In a Return calculation, the difference between Title IV aid that was disbursed or could have been disbursed for the payment period or period of enrollment and the amount of Title IV aid that was earned when a student withdrew.
  • Uniform Commercial Code Statement (UCC-1)

    A UCC-1 statement discloses to the appropriate state or local government entity that the school's account contains federal funds. If required, the school must retain a copy of these notices in its records.
  • U.S. Department of Education (ED, The Department)

    Federal department that administers the Title IV programs.
  • Unbooked Loan

    A Direct Loan that does not have an accepted actual disbursement and/or is not linked to an accepted promissory note.
  • Undergraduate Student

    A degree-seeking student at a college or university who has not earned a first bachelor's degree.
  • Unemployment Benefits

    Temporary and partial wage replacement to workers who have become unemployed.
  • Unprocessed Deobligations

    In the Pell Grant Program negative available balances in the Pell Grant program that are generally created when a school submits disbursement decreases and those decreases cause the CFL to fall below the amount already sent to the school by GAPS. In the Campus-Based Programs, an unprocessed deobligation occurs when the net amount of funds drawn through GAPS for a particular program and year exceeds the total expenditures reported on the school's FISAP.
  • Unsubsidized Loan

    An unsubsidized (unsub) loan is a loan given to a student not eligible for (or who has exhausted his/her eligibility for a subsidized loan) that will begin accruing interest charges from the disbursement date forward. Interest is charged on these loans from the date of disbursement. While the student is in school, in the grace period, or in deferment, students may elect to make pay the interest or have it capitalized and added to the principal.
  • Unsubstantiated Cash

    Calculated as net cash at school (i.e., net excess cash returns) received for the award year, not including cash at schools for the last 30 days minus total accepted disbursements (booked disbursements for DL) for award year.
  • Update

    Data on the SAR/ISIR that has been updated to reflect changes in a student's situation after the FAFSA was signed. Allowable updates are limited to changes in dependency status (for reasons other than a change in the student's marital status), household size and number in college.
  • U.S. Citizenship and Immigration Services (USCIS)

    The agency of the Department of Homeland Security (DHS) responsible for enforcing the laws regulating the admission of foreign-born persons (i.e., aliens) into the United States. The CPS conducts a match of FAFSA data against this agency's database to confirm the student's identification and eligibility for federal student financial aid. This match is known as the "DHS Match".
  • User Identification, User ID

    A unique eight-character identifier issued to payees by the Department of Education. The GAPS User ID and password are required for a payee to access GAPS.
  • User's Guide

    A technical reference publication produced by ED and designed to support or assist recipients using electronic systems such as EDE, SAIG, and GAPS.
 
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