Program Descriptions

Program	Description	Federal Disburse Hold	Need Based	Title IV
ACG	The Academic Competitiveness Grant was a federal assistance grant reserved for college students with the greatest need for financial aid to attend school. The ACG is no longer available as of the 2011-2012 financial aid award year due to government cuts.	N	Y	Y
Cancel/Post PP	Canceling and Posting Payment Periods.	N	N	N
Credit Balance	Student Award Credit Balance.	N	N	N
FCWSP	Federal College Work Study Program, Federal Work-Study (FWS) Program. This is a Title IV program for providing part-time employment to assist with educational expenses.	Y	Y	Y
FDLPS	Federal Direct Loan Program Subsidized, Federal Direct Stafford/Ford Loan Program. One of the components of the Direct Loan Program. It provides loans to undergraduate, graduate, and professional students attending schools that participate in the Direct Loan Program. The Department subsidizes the interest while the borrower is in an in school, grace, or deferment period. Loans made under this program are referred to as Direct Subsidized Loans. ifap.ed.gov/	Y	Y	Y
FDLPU	Federal Direct Loan Program Unsubsidized, Federal Direct Unsubsidized Stafford/Ford Loan Program. One of the components of the Direct Loan Program. It provides loans to undergraduate, graduate, and professional students attending schools that participate in the Direct Loan Program. The borrower is responsible for the interest that accrues during any period. Loans made under this program are referred to as Direct Unsubsidized Loans. ifap.ed.gov/	Y	N	Y
FFELS	Federal Family Education Loan Subsidized Programs. This is a former Title IV loan program.	Y	Y	Y
FFELU	Federal Family Education Loan Unsubsidized Programs. This is a former Title IV loan program.	Y	N	Y
FSEOG	Federal Supplemental Educational Opportunity Grant. FSEOG is a grant for undergraduate students with exceptional financial need. studentaid.ed.gov	Y	Y	Y
Grants	This is an amount of money given to a student for educational expenses, usually based on a student’s need.	N	N	N
IFP	Institutional Finance Plan. In OnlineSMART, this ledger program code refers to a payment made directly by a student towards their contracted amount with the school.	N	N	N
Inst Scholarship	Institutional Scholarship++. This is a ledger program code in OnlineSMART that indicates a scholarship awarded by your school.	N	N	N
IoIFP	Interest on Institutional Finance Plan. IoIFP is a program code for a ledger entry in OnlineSMART. If your school charges a student’s interest amount up front, then you can use this program code when entering that amount on student ledgers.	N	N	N
Iraq/AF Grant	The Iraq and Afghanistan Service Grant (IASG) is a federal grant for students whose parent or guardian was a member of the U.S. armed forces and died in service in Iraq or Afghanistan after September 11, 2011.	N	N	Y
Late Fee	Fee for late payments.	N	N	N
LG Grant	Local Government Grant. This is money given to a student by a local government, such as a county or city, for educational expenses. This is generally need-based.	N	N	N
LG Scholarship	Local Government Scholarship. This is an amount of money given to a student by a local government, such as a county or city, for educational expenses.. This is generally merit-based.	N	N	N
NSG	National SMART Grants. National SMART (Science and Mathematics Access to Retain Talent) Grants are available to students for their third and fourth academic years of college.	N	Y	Y
Over Contract	Charge for attending over contract Grad Date.	N	N	N
PELL	Federal Pell Grant. The Federal Pell Grant Program provides need-based grants to low-income undergraduate and certain post baccalaureate students to promote access to postsecondary education. … Grant amounts are dependent on: the student's expected family contribution (EFC) (see below); the cost of attendance (as determined by the institution); the student's enrollment status (full-time or part-time); and whether the student attends for a full academic year or less. ed.gov/programs	Y	Y	Y
PERKINS	The Federal Perkins Loan Program provides money for college or career school for students with financial need. … Loans made through the Federal Perkins Loan Program, often called Perkins Loans, are low-interest federal student loans for undergraduate and graduate students with exceptional financial need. studentaid.ed.gov	Y	Y	Y
PL	Private Loan. This is a ledger program code in OnlineSMART that refers to any type of loan given to a student by a private institution.	N	N	N
PLUS	Parent Loan for Undergraduate Students. PLUS loans are federal loans that graduate or professional students and parents of dependent undergraduate students can use to help pay for college or career school. PLUS loans can help pay for education expenses not covered by other financial aid. studentaid.ed.gov	Y	N	Y
PLUSD	Direct PLUS loans are federal loans that graduate or professional degree students and parents of dependent undergraduate students can use to help pay for education expenses. Direct PLUS loans have a fixed interest rate and are not subsidized, which means that interest accrues while the student is enrolled in school.	Y	N	Y
Post 9/11	The Post-9/11 GI Bill is a U.S. law that provides benefits to military veterans who have taken part in active duty service after Sept. 10, 2001.	N	N	N
S Grant	State Grant. This is an amount of money given to a student by a state government for educational expenses, usually based on need.	N	N	N
S Scholarship	State Scholarship. This is an amount of money given to a student by a state government for educational expenses, usually based on merit.	N	N	N
Scholarships	This is an amount of money given to a student for educational expenses, usually based on a student’s merit.	N	N	N
SEOG Match	Supplemental Educational Opportunity Grant Matching Grant. This ledger program code represents an amount of money awarded to a student, in the form of a grant that is usually based on a percentage of aid that the student has already been awarded.	N	N	N
TEACH	The Teacher Education Assistance for College and Higher Education (TEACH) Grant Program provides grants of up to $4,000 per year to students who agree to teach for four years at an elementary school, secondary school, or educational service agency that serves students from low-income families.	N	N	Y
Unearned Books/Kit	Calculation for Unearned Books/Kit for Drop students.	N	N	N
Unearned Tuition	Calculation for Unearned Tuition for Drop students.	N	N	N
VEB	Veterans Educational Benefits. In OnlineSMART, VEB is a ledger program code that refers to any transaction dealing with the Veterans Administration (VA). It can be used for any of the benefits that are outlined in the Higher Education Act, and for newer sources of veteran aid, such as Post 9/11 aid.	N	N	N
VOC Rehab	The Vocational Rehabilitation program provides vocational and rehabilitative services to individuals with disabilities to help them prepare for, secure, regain or retain employment.	N	N	N
Yellow Ribbon	The Yellow Ribbon Program is a provision of the law that created the Post-9/11 GI Bill. ... The program allows approved institutions of higher learning and the VA to partially or fully fund tuition and fee expenses that exceed the established thresholds under the Post-9/11 GI Bill.	N	N	N

++	Non-cash award

Creation date: 11/1/2018 8:59 AM Updated: 11/7/2018 2:45 PM