Glossary
Academic Year
An academic year is one complete school year at the same school, or two complete, half years at different schools. For schools that have a year-round program of instruction, nine months is considered an academic year.
Acceleration
Acceleration is the demand for immediate repayment of the entire outstanding balance of a loan.
Aid for Military Family
Both the federal government and nonprofit organizations offer money for college to veterans, future military personnel, active duty personnel, or those related to veterans or active duty personnel.
Alternative Documentation of Income
Alternative documentation of income (ADOI) is proof of all current income to be provided when applying for an income-driven repayment (IDR) plan and not providing a federal tax return or tax transcript.