Glossary

You may encounter unfamiliar industry- or data-specific terminology throughout our reports. The glossary terms and definitions below are provided to add clarity and context to your experience. Filter alphabetically below to find the term you are looking for.

Student Financial Aid

Funds from various sources awarded to students, generally on the basis of merit or need, to help defray the cost of living, tuition, and other expenses while attending an institution of higher education. Such funds may be in the form of scholarships, grants, loans, or student employment.