{"id":10098,"date":"2022-06-27T12:47:39","date_gmt":"2022-06-27T18:47:39","guid":{"rendered":"http:\/\/newweb.ache.edu\/?page_id=10098"},"modified":"2022-08-04T12:23:26","modified_gmt":"2022-08-04T18:23:26","slug":"student-financial-aid-terms","status":"publish","type":"page","link":"https:\/\/www.ache.edu\/index.php\/student-financial-aid-terms\/","title":{"rendered":"Student Financial Aid Terms"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"10098\" class=\"elementor elementor-10098\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a122e32 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a122e32\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b09b586\" data-id=\"b09b586\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-96c83ae elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"96c83ae\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-22f2606\" data-id=\"22f2606\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-afa1e50 elementor-widget elementor-widget-heading\" data-id=\"afa1e50\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.19.0 - 29-01-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h3 class=\"elementor-heading-title elementor-size-default\">Student Financial Aid Terms<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5309dfab elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5309dfab\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4e189084\" data-id=\"4e189084\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-17da9c0b elementor-widget elementor-widget-spacer\" data-id=\"17da9c0b\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.19.0 - 29-01-2024 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.elementor-widget-empty-icon,.e-con>.elementor-widget-spacer.elementor-widget-empty .elementor-widget-empty-icon{position:absolute;top:0;bottom:0;left:0;right:0;margin:auto;padding:0;width:22px;height:22px}<\/style>\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-53ffca33 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"53ffca33\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-46eb3eb4\" data-id=\"46eb3eb4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-962489e eael_simple_menu_hamburger_disable_selected_menu_no eael-simple-menu-hamburger-align-right eael-hamburger--tablet elementor-widget elementor-widget-eael-simple-menu\" data-id=\"962489e\" data-element_type=\"widget\" data-widget_type=\"eael-simple-menu.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\n                        @media screen and (max-width: 1024px) {\n                            .eael-hamburger--tablet {\n                                .eael-simple-menu-horizontal,\n                                .eael-simple-menu-vertical {\n                                    display: none;\n                                }\n                            }\n                            .eael-hamburger--tablet {\n                                .eael-simple-menu-container .eael-simple-menu-toggle {\n                                    display: block;\n                                }\n                            }\n                        }\n                    <\/style>            <div data-hamburger-icon=\"&lt;i aria-hidden=&quot;true&quot; class=&quot;fas fa-bars&quot;&gt;&lt;\/i&gt;\" data-indicator-icon=\"&lt;i aria-hidden=&quot;true&quot; class=&quot;fas fa-angle-down&quot;&gt;&lt;\/i&gt;\" data-dropdown-indicator-icon=\"&lt;i class=&quot;fas fa-angle-down&quot;&gt;&lt;\/i&gt;\" class=\"eael-simple-menu-container eael-simple-menu-align-left eael-simple-menu-dropdown-align-left preset-1\" data-hamburger-breakpoints=\"{&quot;mobile&quot;:&quot;Mobile Portrait (&gt; 767px)&quot;,&quot;tablet&quot;:&quot;Tablet Portrait (&gt; 1024px)&quot;,&quot;desktop&quot;:&quot;Desktop (&gt; 2400px)&quot;,&quot;none&quot;:&quot;None&quot;}\" data-hamburger-device=\"tablet\">\n                <ul id=\"menu-grants\" class=\"eael-simple-menu eael-simple-menu-dropdown-animate-to-top eael-simple-menu-indicator eael-simple-menu-vertical\"><li id=\"menu-item-10120\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-10120 tc-menu-item tc-menu-depth-0 tc-menu-align-left tc-menu-layout-default\"><a href=\"https:\/\/www.ache.edu\/index.php\/alabama-math-and-science-teacher-education-program-amstep\/\" class=\"tc-menu-inner\">Alabama Math and Science Teacher Education Program (AMSTEP)<\/a><\/li>\n<li id=\"menu-item-10118\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-10118 tc-menu-item tc-menu-depth-0 tc-menu-align-left tc-menu-layout-default\"><a href=\"https:\/\/www.ache.edu\/index.php\/alabama-student-assistance-program-asap\/\" class=\"tc-menu-inner\">Alabama Student Assistance Program (ASAP)<\/a><\/li>\n<li id=\"menu-item-10119\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-10119 tc-menu-item tc-menu-depth-0 tc-menu-align-left tc-menu-layout-default\"><a href=\"https:\/\/www.ache.edu\/index.php\/alabama-student-grant-program\/\" class=\"tc-menu-inner\">Alabama Student Grant Program (ASGP)<\/a><\/li>\n<li id=\"menu-item-31077\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-31077 tc-menu-item tc-menu-depth-0 tc-menu-align-left tc-menu-layout-default\"><a href=\"https:\/\/www.ache.edu\/index.php\/athletic-trainer-loan-assistance-program-atlap\/\" class=\"tc-menu-inner\">Athletic Trainer Loan Assistance Program (ATLAP)<\/a><\/li>\n<li id=\"menu-item-10121\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-10121 tc-menu-item tc-menu-depth-0 tc-menu-align-left tc-menu-layout-default\"><a href=\"https:\/\/www.ache.edu\/index.php\/military-educational-benefits\/\" class=\"tc-menu-inner\">Military Educational Benefits (ANGEAP)<\/a><\/li>\n<li id=\"menu-item-31990\" class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-31990 tc-menu-item tc-menu-depth-0 tc-menu-align-left tc-menu-layout-default\"><a href=\"https:\/\/www.ache.edu\/index.php\/special-programs-sreb\/\" class=\"tc-menu-inner\">SREB-State Doctoral Scholars Program<\/a><\/li>\n<li id=\"menu-item-10122\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-10122 tc-menu-item tc-menu-depth-0 tc-menu-align-left tc-menu-layout-default\"><a href=\"https:\/\/www.ache.edu\/index.php\/police-officers-and-firefighters-survivors-educational-assistance-program-pofseap\/\" class=\"tc-menu-inner\">Police Officer\u2019s and Firefighter\u2019s Survivors Educational Assistance Program (POFSEAP)<\/a><\/li>\n<li id=\"menu-item-22467\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-22467 tc-menu-item tc-menu-depth-0 tc-menu-align-left tc-menu-layout-default\"><a href=\"https:\/\/www.ache.edu\/index.php\/reengage\/\" class=\"tc-menu-inner\">(Re)Engage Alabama Grant Program<\/a><\/li>\n<\/ul>                <button class=\"eael-simple-menu-toggle\">\n                    <span class=\"sr-only \">Humberger Toggle Menu<\/span>\n                    <i aria-hidden=\"true\" class=\"fas fa-bars\"><\/i>                <\/button>\n            <\/div>\n            \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-7e59a2bc\" data-id=\"7e59a2bc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-247bd981 elementor-widget elementor-widget-text-editor\" data-id=\"247bd981\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.19.0 - 29-01-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p style=\"color: #7a7a7a; text-align: start;\"><b style=\"color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px;\">Fellowship<\/b><span style=\"color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px;\">&nbsp;\u2013 a scholarship or grant awarded to a graduate student in a college or university.<\/span><\/p><p style=\"margin-bottom: 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px; text-align: start;\"><b>Scholarship<\/b>&nbsp;\u2013 financial aid that usually is awarded for merit or academic achievement.&nbsp; A scholarship considered gift aid and does not have to be paid back.<\/p><p style=\"margin-bottom: 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px; text-align: start;\"><b>Grant<\/b>&nbsp;\u2013 a gift aid that does not have to be paid back.<\/p><p style=\"margin-bottom: 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px; text-align: start;\"><b>Loan<\/b>&nbsp;\u2013 money which must be repaid.&nbsp; Loan programs have varying repayment provisions.<\/p><p style=\"margin-bottom: 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px; text-align: start;\"><b>Work Study<\/b>&nbsp;\u2013 this program provides jobs that enable students to earn a portion of school costs through employment at the institution.<\/p><p style=\"margin-bottom: 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px; text-align: start;\"><b>Need<\/b>&nbsp;\u2013 the term &#8220;need,&#8221; as used in financial aid, usually refers to the difference between the resources available to the student (from parent\u2019s, student savings and summer jobs, etc.) and the cost of attending the student\u2019s selected postsecondary institution.&nbsp;&nbsp; The process of determining &#8220;need&#8221; is often referred to as a &#8220;need analysis.&#8221;<\/p><p style=\"margin-bottom: 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px; text-align: start;\"><b>Self Help<\/b>&nbsp;\u2013 financial resources provided by the student.<\/p><p style=\"margin-bottom: 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px; text-align: start;\"><b>Family Contribution<\/b>&nbsp;\u2013 the combined contribution reasonably expected during the enrollment period from the student (and his or her spouse if applicable), as well as from the student\u2019s parents if the student is a dependent.<\/p><p style=\"margin-bottom: 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px; text-align: start;\"><b>Free Application for Federal Student Aid (FAFSA)<\/b>&nbsp;\u2013 a free form distributed by the U.S. Department of Education to collect information used to determine a student\u2019s need for federal financial aid.<\/p><p style=\"margin-bottom: 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px; text-align: start;\"><b>Conversion scholarship\/loan<\/b>&nbsp;\u2013 A scholarship that requires you to provide certain services, such as teaching or nursing, for a certain length of time. If the services are not provided, the scholarship becomes a loan which must be paid back with interest.<\/p><p style=\"margin-bottom: 10px; color: rgb(51, 51, 51); font-family: &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 14px; text-align: start;\"><b>Waiver<\/b>&nbsp;\u2013 An agreement that allows attendance at a school without having to pay tuition or other costs if certain eligibility requirements are met.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Student Financial Aid Terms Student Financial Aid Terms Alabama Student Assistance Program (ASAP) Alabama Student Grant Program Alabama Math and Science Teacher Education Program (AMSTEP) Military Educational Benefits Police Officer&#8217;s and Firefighter&#8217;s Survivors Educational Assistance Program (POFSEAP) Minority Doctoral Scholarship &hellip; <\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"class_list":["post-10098","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.12 - 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