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Help - Glossary


The following glossary listing contains definitions/descriptions of terms that are related to Federal student aid Title IV programs and/or acronyms..

The terms are listed according to alphabetical order. You can select the All link to view a listing of all of the glossary terms, or you may select the letter equal to the first letter of the term.

Glossary

  • UCC

    Uniform Commercial Code (as in UCC-1 Statement)
  • UCC-1 Form

    Document a school is required to submit when the account that holds a school's FSA funds does not include the phrase federal funds in its name. Public institutions are exempt from the requirement.
  • Unbooked Loan

    A Direct Loan that does not have an accepted actual disbursement and/or is not linked to an accepted Direct Loan Promissory.
  • Unbooked TEACH Grant

    A TEACH Grant that does not have an accepted actual disbursement or is not linked to a TEACH Grant Agreement to Serve.
  • UEH

    Unusual Enrollment History
  • Undergraduate Student

    A student who
    • is enrolled in an undergraduate course of study that usually does not exceed four years, or is enrolled in a longer program designed to lead to a degree at the baccalaureate level. In general, a student is only considered an undergraduate for purposes of the Federal Student Aid programs if the student has not yet earned a baccalaureate or professional degree;

    • has completed a baccalaureate program of study and who is subsequently completing a state-required teacher certification program;

    • for purposes of dual degree programs that allow individuals to complete a bachelor's degree and either a graduate or professional degree within the same program, is in at least the first three years of that program; or

    • is enrolled in a four to five year program designed to lead to an undergraduate degree. A student enrolled in a program of any other, longer length is considered an undergraduate student for only the first four years of that program.

  • Unearned Aid

    For Return of Title IV Funds purposes, the amount determined by subtracting the federal student aid earned by a student for the payment period or period of enrollment, as applicable, from the federal student aid disbursed to the student for that period.
  • Unprocessed Deobligations

    Negative available balances in the Pell Grant program that are generally created when a school submits disbursement decreases and those decreases cause the CFL to fall below the amount already sent to the school by G5.
  • Unusual Enrollment History (UEH)

    A field in NSLDS which alerts schools to a pattern of enrollment and/or award history for either Pell Grants or Direct Loans which is unusual. Depending on the UEH flag (possible values include "N", "2", and "3"), schools may be required to check the student's academic records and take remedial action. If a student cannot provide compelling documentation for a failure to receive academic credit for periods in which they received Title IV funds, the student may lose Title IV eligibility. For more detail, see Volume 1, Chapter 3 of the FSA Handbook.
  • U.S. Citizenship and Immigration Services (USCIS)

    The federal agency that administers immigration and naturalization services within the United States. Formerly, the Immigration and Naturalization Service (INS).
  • United States Code (USC)

    Codification by subject matter of the general and permanent laws of the United States. It is divided by broad subjects into 50 titles and published by the Office of the Law Revision Counsel of the U.S. House of Representatives.
  • Unqualified Opinion

    A "clean" auditor's report. That is, the auditor has concluded the financial statements present fairly, in all material respects, financial position, results of operations, cash flows in conformity with generally accepted accounting principles.
  • Unsubstantiated Cash

    Calculated as net cash at school (i.e. net excess cash returns) received for the award year, not including cash at schools for the last 15 days minus total accepted disbursements (booked disbursements for DL) for award year.
  • Untaxed Income and Benefits

    The term "untaxed income and benefits" includes
    • child support received;

    • workman's compensation;

    • veteran's benefits, such as death pension, dependency, and indemnity compensation, but excluding veterans' education benefits;

    • interest on tax-free bonds;

    • housing, food, and other allowances (excluding rent subsidies for low-income housing) for military, clergy, and others (including cash payments and cash value of benefits);

    • cash support or any money paid on the student's behalf, except, for dependent students, funds provided by the student's parents;

    • untaxed portion of pensions;

    • payments to individual retirement accounts and Keogh accounts excluded from income for federal income tax purposes; and

    • any other untaxed income and benefits, such as Black Lung Benefits, Refugee Assistance, or railroad retirement benefits, or benefits received through participation in employment and training activities under Title I of the Workforce Investment Act of 1998.

  • Usability Testing

    Measuring how well people can use some human-made object (such as a web page, or a computer interface) for its intended purpose.
  • USC

    United States Code
  • USCIS

    U.S. Citizenship and Immigration Services in Department of Homeland Security
 
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