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School Code:  002008

 

Frequently Asked Questions

FAQS

 

Financial Aid Glossary

Glossary

Gainful Employment Disclosure Definitions

OPEID

Identification number used by the U.S. Department of Education's Office of Post-secondary Education (OPE) to identify schools that have Program Participation Agreements (PPA) so that its students are eligible to participate in Federal Student Financial Assistance programs under Title IV regulations. This is a 6-digit number followed by a 2-digit suffix used to identify branches, additional locations, and other entities that are part of the eligible institution.

CIP

The Classification of Instructional Programs (CIP) is a taxonomic coding scheme for post-secondary instructional programs/fields of study that facilitates the organization, collection, and reporting of program data. The CIP was developed by the U.S. Department of Education's National Center for Education Statistics (NCES) and is the accepted federal government statistical standard on instructional program classifications and is used in a variety of education information surveys and databases. Example of a 6 digit CIP code: 51.3101. The 51.3101 CIP code corresponds to programs in Dietetics/Dietitian.

Credit Hour

A unit of measure representing the equivalent of an hour (50 minutes) of instruction per week over the entire term.

Tuition and Required Fees for Entire Program

The amount of tuition and required fees charged to a student for the entire program. Required fees are the fixed sum charged to students for items not covered by tuition and required of such a large proportion of all students that the student who does not pay the charge is an exception. Institutions that do not charge by program, for example a 2- year program whose tuition rates change from one year to the next, would be required to calculate the total tuition and fees for the entire length of the program.

Normal Time

The normal amount of time necessary for a student to complete all requirements for a certificate according to the institution's catalog is typically 11 months (4 quarters, including summer terms).

Books and Supplies for Entire Program

The average cost of books and supplies for a typical student for the entire program. If this information is not available by program, use your institutional estimate.

Annual Room and Board Charges

The annual charges assessed students for an academic year of rooming accommodations. If this information is not available by program, use your institutional estimate.

Sec. 668.43(a)

This refers to Title 34 (Education) of the Code of Federal Regulations, Section 668.43 (Institutional information). Visit the IFAP (Information for Financial Aid Professionals) website for more information on regulations related to the administration and processing of Title IV federal student aid: http://www.ifap.ed.gov/ifap/.

Program Completion

When a student completes all program requirements and receives a degree, diploma, certificate, or other formal award. In order to be considered a completion, the degree/award must actually be conferred. 

Federal Student Loans

Includes all Title IV student loans, such as Stafford (subsidized and unsubsidized), Graduate PLUS, and Perkins loans. This does not include Parent PLUS and other loans made directly to parents.

Private Loans

A loan provided by a private educational lender that is not a title IV loan and that is issued expressly for post-secondary education expenses to a borrower, regardless of whether the loan is provided through the educational institution that the student attends or directly to the borrower from the private educational lender.

Institutional Financing Plans

An institutional financing plan is the extension of credit to a student for educational costs that will be paid after the program of study has ended. The amount and frequency of the installment payments and whether they include a fee or interest are specified in the written plan.

 



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