Barton County Community College
Financial Aid

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Glossary of Financial Aid Lingo

The world of Financial Aid can be a swirl of confusing acronyms. The following is a list of commonly used acronyms and abbreviations to help guide you through FAA talk.

ACT

American College Testing Program

AGI

Adjusted Gross Income

ATB

Ability To Benefit (See Federal Eligibility Requirements)

COA

Cost of Attendance-- estimated student expense budgets

ED

The Department of Education administers the federal financial aid program

EAP

Electronic Application Processing

EFC

Expected (or Estimated) Family Contribution as determined by federal methodology

ESAR

An Electronic Student Aid Report is the information a school receives electronically when a student includes a school's Title IV code on the FAFSA when applying for financial aid.

FAA

Financial Aid Administrator- the staff of a college's financial aid office

FAFSA

The Free Application for Federal Student Aid is the initial application for any/all of the federal Title IV programs.

FAO

Financial Aid Office (or Officer)

FAT

Financial aid transcripts may be required from all colleges previously attended whether the student received financial aid or not.

FWS

Federal Work Study-- on-campus and community service jobs partially Federally funded that are offered to students who show unmet need

GED

General Education Degree-- the equivalent of a high school diploma administered through a high school equivalency program.

GPA

Grade Point Average

PELL

Pell grants are basic entitlement grants awarded to students through the Title IV financial aid program

SAP

Satisfactory Academic Progress. A student must be making satisfactory academic progress as defined by BCCC for students to receive financial aid

SAR

A Student Aid Report is a letter sent to the applicant after the federal processor has processed a student's FAFSA

SEOG

Supplemental Educational Opportunity Grants are additional grants given to Pell eligible students.

SSN

Social Security Number

VA

Veterans Administration