Student Financial Aid and Scholarships :: University of North Texas
FAFSA applications for 2006-2007 will be available online beginning January 2, 2006. Complete your 2006-2007 FAFSA by the priority deadline of April 15, 2006.
Glossary
O
Origination Fee The origination fee is paid to the bank to compensate them for the cost of administering the loan. The origination fees are charged as the loan is disbursed, and typically run to 3% of the amount disbursed. A portion of this fee is paid to federal government to offset the administrative costs of the loan.
Other Resource A resource is something that is available because a student is in school and is counted after need is determined. Outside scholarships, prepaid tuition plans and VA educational benefits are examples of other resources.
Outside or Agency Scholarship An outside or agency scholarship is one that comes from sources other than the school and the federal or state government.
Overawards A student who receives federal support may not receive awards totaling more than $400 in excess of his or her financial need.