- Undergraduate
- A student who has not yet received a "bachelor's degree."
- Upperclassmen
- In a four-year college, the students who are in the junior and senior
years. In some colleges, it may include sophomores.
- Upper Division
- This term refers to the junior and senior years of study. Some colleges offer only upper-division study. The lower divisions must be completed at another institution before entering these programs to earn a bachelor’s degree.
- Unsubsidized Stafford Loan
- Unsubsidized Stafford Loan is a non-need based loan program, so students
with no financial need can even qualify for this aid program. Interest that
accrues on Unsubsidized loans must be paid by the borrower, even while
he/she is in school. The borrower may make periodic payments (monthly or
quarterly, depending on the lender's policy) or allow the interest to accrue
throughout enrollment and have the interest "capitalized" (added to the
loan's principle balance). While capitalization eliminates having to make
payments while in school but increases the total cost of a loan.
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- Unsubsidized Loan
- A loan on which the student is responsible for paying the interest that
accrues on the loan from the date of disbursement until the loan is paid in
full, regardless of enrollment or deferment status.
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