I keep seeing SAT, ACT, AP, FAFSA and lots more–––
what are all these letters!
Bring on the alphabet soup!!
Here is a glossary to help you understand what all these terms mean.
ACT–American College Testing Assessment––Standardized test
accepted by many colleges and universities. (See Testing Section)
AP–Advanced Placement–Program offered by the College Board.
Student spends a year studying a subject and is tested. Passing
the test may lead to advanced placement in a higher level course
at college. (See Testing Section)
BJU–Bob Jones University–home to BJU Press that offers an
excellent testing service as well as K–12 curriculum. (See Testing
Section)
CAT–California Achievement Test–Nationally recognized standardized
test. (See Testing Section)
CLEP–College Level Examination Program–Exams taken for college
credit or advanced placement. (See Testing Section)
College Board–College Entrance Examination Board–National
nonprofit association whose mission is to prepare, inspire and connect
students to college and opportunity. They regulate and administer
several college entrance and placement exams.
College catalog–published by each college or university to
provide information on academic and non–academic programs, rules
and regulations and admissions policy.
Common Application–an application form accepted by many colleges
and universities. (See Gaining Admission Section)
Cumulative GPA–the grade point average for all classes taken
during high school. (See Transcript and Record Keeping Section)
Duke Test–Duke University Talent Search Examination–test
taken by some 7th grade students to identify academically talented
children. (See Testing Section)
EFC–Expected Family Contribution–the amount of money the
government estimates the student and his family can spend on education
for the upcoming school year. (See Money for College Section under
FAFSA)
Extra–Curricular Activities–those activities done outside
of the "school" curriculum. Such as clubs, organizations, church
activities, volunteer work, hobbies, etc.
FAFSA–Free Application for Federal Student Aid–the beginning
point for applying for federal student aid. This is the financial
aid application used by almost all colleges and is filed yearly.
(See the Money for College Section)
Federal SEOG–Federal Supplemental Educational Opportunity
Grant–gift–aid for undergraduates with exceptional financial need.
The neediest students get Federal Pell Grants and Federal SEOG.
FFEL–Federal Family Education Loan Program–private lenders
provide federally guaranteed loans including Stafford, PLUS and
Consolidation Loans. (See the Money for College Section)
GPA–Grade Point Average–used on transcripts as a way to show
the grades a student has earned. (See The Transcript and Record
Keeping Section)
HSLDA–Home School Legal Defense Association–an organization
that helps homeschoolers with legal matters.
Iowa Test–Iowa Test of Basic Skills–standardized test that
is nationally recognized (See the Testing Section)
National Merit Scholarship–a prestigious award given yearly
to 8,000 students across the U.S. Colleges frequently offer great
scholarships to these students.
Pell Grant–federally funded grant available to financially
needy undergraduate students. (See the Money for College Section)
Perkins Loan–federal loan offered by participating schools
to provide students that demonstrate the most need with low–interest
loans. (See the Money for College Section)
PIN–Personal Identification Number–each student and the parent
filing the FAFSA must register for a number in order to electronically
sign their FAFSA if they choose to file on-line. (See the Money
for College Section)
PLUS Loans–Parent Loan for Undergraduate Students–federally
guaranteed loan that allows parents to borrow to pay for educational
expenses of their child (See the Money for College Section)
PSAT/NMSQT–Preliminary Scholastic Aptitude Test/National
Merit Scholarship Qualifying Test-a sort of practice SAT taken by
juniors to qualify for the National Merit Scholarship. (See the
Testing Section)
Sallie Mae–the company that currently owns or manages student
loans, primarily federally guaranteed student loans originated under
FFELP.
SAR–Student Aid Report–the report sent to the student after
filing the FAFSA. It confirms the information reported on the FAFSA
and gives you your EFC. (See the Money for College Section)
SASE–Self addressed, stamped envelop.
SAT I– Scholastic Aptitude Test–standardized test accepted
by many colleges. (See the Testing Section)
SAT II–Scholastic Aptitude Subject Tests–tests given for
numerous subjects. These subject tests are often required by colleges
and universities for admission and placement purposes (See the Testing
Section)
SSIG–State Student Incentive Grant Program–federal money
allocated to the states for funding higher education. Each state
has an agency that handles this grant money. (See Money for College
Section under State Grants.)
Stafford Loan–low interest federal loans available to students
(See the Money for College Section)
Stanford Achievement Test–nationally recognized standardized
test (See the Testing Section)
Subsidized Loan–a loan in which the Department of Education
pays the interest payments while the student is in school and during
grace and deferment periods. (See the Money for College Section)
Transcript–a list of classes the student has taken during
high school. Includes credits earned, grades received and GPA (See
the Transcript and Record Keeping Section
Universal Application–an application for admission to colleges
that is accepted by many colleges and universities. (See the Gaining
Admission Section)
Unsubsidized Loan–a loan in which the borrower is responsible
for the interest during the entire life of the loan. (See the Money
for College Section)
Work–Study–Federal Work-Study Program–jobs available
to some financially needy college students. Generally on-campus
jobs. (See the Money for College Section)

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